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ONDO token jumps 15% as Ondo Finance partners with SBI Group to tokenize Japanese assets.

Market News
16 Jul 2026
Bitcoin
View Source
Bullish
pluang ai news

ONDO, the native token of Ondo Finance, surged 15% to $0.393 following a partnership with Japan's SBI Group to tokenize Japanese assets and distribute them using the JPYSC stablecoin. Ondo also joined the DTCC's major tokenization initiative, linking DeFi with traditional market infrastructure that processed $4.7 quadrillion in 2025. This collaboration aims to expand access to Japanese assets globally and enhance liquidity by enabling conversion between traditional and tokenized securities. Ondo CEO Ian De Bode highlighted the project's goal to bring more tokenized securities on-chain, while SBI Group sees Ondo as a key partner in creating a global digital assets corridor.

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