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Ondo Finance hires John Hoffman to expand tokenized asset portfolios beyond Treasuries and equities

Protocol Fundamentals
11 Jun 2026
Crypto news
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Bullish
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Ondo Finance has appointed John Hoffman, former Invesco and Grayscale executive, as Managing Director to lead the development of its tokenized asset portfolios. Hoffman will oversee the creation of new investment baskets that extend beyond Ondo's existing tokenized Treasury and equity products, aiming to build a broader onchain portfolio platform. This move aligns with growing institutional interest in blockchain-based financial products, as the tokenized asset market has surpassed $30 billion and is expected to grow significantly. Ondo plans to collaborate with asset managers to develop innovative blockchain investment products that improve efficiency and market access.

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