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.
Mirae Asset Global Investments, South Korea's largest asset manager, has partnered with Ondo Finance to tokenize its $99 billion Global X ETF lineup. The first tokenized product, a covered-call ETF share class, will launch in Hong Kong in Q3 2026, en...
Ondo Finance and Mirae Asset Global Investments have signed an MOU to tokenize US-listed Global X ETFs, marking Mirae as the first major Asian asset manager to enter ETF tokenization. The collaboration will initially focus on US ETFs, with plans to e...
SpaceX's IPO filing has reignited interest and skepticism around tokenized stocks and real-world asset (RWA) tokens. Some exchanges canceled tokenized SpaceX share offerings due to delivery failures, highlighting risks in off-chain custody and settle...
John Hoffman, head of portfolio products at Ondo Finance, compares the current tokenization market to the early days of ETFs, predicting rapid growth driven by AI integration. The tokenized asset market has grown to over $33 billion and could reach t...
