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Ondo Finance holds an important position in the Ethereum RWA sector with impressive TVL data
【ChainNews】According to the latest data, Ondo Finance, a project focused on on-chain physical asset issuance, has performed well. This platform mainly issues on-chain versions of traditional financial assets such as stocks, ETFs, and government bonds. Currently, about 77% of its locked-up assets are deployed on the Ethereum network. What does this ratio mean? In other words, Ondo Finance accounts for 11.6% of the TVL in the entire Ethereum RWA (Real World Asset) track. This figure reflects an interesting phenomenon—on this new track of on-chain physical assets, Ethereum is playing the role of the core settlement layer. From transaction settlement to asset custody, Ethereum’s ecological advantages are indeed fully demonstrated in this field. This may indicate that in the wave of bringing traditional assets on-chain, Ethereum could become the main platform.