Ondo Finance Unites Eight Crypto Giants to Tokenize Assets

- Ondo Finance partners with major crypto entities. - The alliance aims at accelerating onchain securities standards. 2025-06-17, CoinDesk reported that Ondo Finance has formed the Global Markets Alliance, partnering with eight top crypto platforms. Their joint mission is to advance the adoption of tokenized financial assets. These partners include the Solana Foundation, Bitget Wallet, Jupiter Exchange, Trust Wallet, Rainbow Wallet, BitGo, Fireblocks, 1inch, and Alpaca. The Global Markets Alliance primarily aims to accelerate the adoption of onchain financial assets, bring capital markets onchain, and establish standards for the interoperability of tokenized securities, including stocks. The initiative aims to leverage the collective expertise and resources of these prominent industry players to facilitate the mainstream adoption of digital and tokenized assets. This announcement responds to the rapidly growing interest and investment in the real-world asset (RWA) tokenization market, which seeks to bridge the gap between traditional financial instruments and the decentralized finance (DeFi) ecosystem. Interest in tokenizing real-world assets has surged, driving significant investment in related technologies and platforms. Establishing standards for interoperability is expected to help create a more coherent and efficient market for tokenized securities. Therefore, this alliance represents a strategic step toward integrating capital markets onchain, an integration aimed at enhancing transparency, liquidity, and accessibility.