Cryptopolitan
2025-08-07 13:32:19

Ondo Finance rallies close to $1 on news of Robinhood listing

Robinhood sent signals that a listing of Ondo Finance (ONDO) may arrive soon, giving exposure to one of the leading tokenization platforms. The news caused a rally for the price of ONDO, as the market is still on the lookout for tokens showing strength. Robinhood added Ondo Finance to its website, indicating that a listing on the app may follow soon. The ONDO landing page hinted at trading coming soon, giving exposure to one of the top RWA tokenization platforms. The token will also be available for purchase to EU-based users. The addition of ONDO was intercepted by tracking bots, although Robinhood has not made an official announcement yet. The listing suggests ONDO may benefit from mainstream adoption despite its general direction toward businesses and institutions. Ondo Finance is quickly becoming one of the main infrastructure providers for tokenization, with the potential to set the standard for tokenized asset classes. The project gained exposure after Trump’s World Liberty Fi added ONDO tokens to its portfolio. Robinhood’s Vlad Tenev supports tokenization Ondo Finance has already participated in the production of Ethereum tokens based on public companies. The tokens bear a “Ondo Tokenized” tag to differentiate them from memes or copycat assets. A total of seven tokenized companies and indexes are already launched on Ethereum, though as experimental assets without representation on exchanges. The addition of ONDO arrives around a week after Robinhood’s founder Vlad Tenev showed support for tokenization as a sustainable trend and not just a fad narrative. Recently, Cryptopolitan reported on Tenev’s expectation to tokenize private equity and real estate, while the fintech app doubled its revenues from crypto activities. Ondo Finance has also expressed its expectations to bring global markets on-chain, offering convenient ways to trade equities and other RWA. Ondo Nexus already offers tokenization of T-bills from Franklin Templeton and Wisdom Tree. ONDO returns to $1 ONDO has been trading with increased volatility in the past three months. The asset expanded close to $1, adding 7% for the past day. ONDO traded near a one-week high, though the lack of a public announcement limited the rally. ONDO rose close to $1, driven by growing activity against the Korean won. | Source: Coingecko ONDO open interest recovered toward $191M, while trading volumes remained near the baseline at $157M in 24 hours. The token is relatively old and well-traded, with volumes distributed to multiple exchanges. ONDO traded at a slight premium of $0.99 on Binance, which carries over 11% of its volume. The asset gets a boost from trading on KuCoin, as over 27% of volumes were against the Korean won. ONDO traded at $0.98 on the South Korean markets, though still drawing interest as a relatively conservative and safe asset. One of the big problems for Ondo Finance is that it arrived during the 2021 wave of new projects with a low float. The platform raised $46M in several rounds and public presales. As of August 2025, over 66% of the ONDO supply is still vested and awaits scheduled cliff unlocks. The next big unlock for ONDO will arrive at the beginning of 2026, with most of the coins meant for ecosystem development. If you're reading this, you’re already ahead. Stay there with our newsletter .

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