Ondo Finance tokenized national debt holders increase by 780% annually, leveraging XRP Ledger to accelerate institutional market penetration

Ondo Finance, the leading agreement in the tokenized US Treasury bond market, has recently made frequent moves. According to its official disclosure data, the number of OUSG holders of tokenized Treasury bonds on the platform will surge by 780% in 2024, from 1,376 at the beginning of the year to 12,141, occupying 82% of the market share in this field and becoming the core entrance for institutional and individual investors to allocate on-chain Treasury bond assets.

 

In terms of strategic layout, Ondo announced that it will deploy OUSG to XRP Ledger (XRPL) within the next 6 months, directly reaching the large-scale institutional user group accumulated on the chain. This move not only introduces the first compliance-oriented tokenized national debt asset to the XRPL ecosystem, but also connects institutional-level DeFi application scenarios through composability, promoting the deep integration of on-chain cash management tools and traditional financial systems. Industry observers pointed out that OUSG's cross-chain expansion may further consolidate its first-mover advantage in the RWA (real-world asset) track.