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Ondo Finance became the second largest issuer of tokenized funds, after BlackRock

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2025-08-25 01:31:49
According to Token Terminal data, as of July 2025, Ondo Finance ranked second in the rankings of tokenized fund issuers, just behind BlackRock.
BlackRock is the largest issuer through its $2.40 billion BUIDL money market fund. The tokenized fund market has reached $7.50 billion in total assets under management (AUM), and the market is starting to show accelerated growth in the second half of 2024.
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