Gate has launched the Ondo tokenized stock market, what are the latest updates?

On September 3, 2025, the encryption asset trading platform Gate announced the launch of the Ondo section and simultaneously opened spot trading, introducing the first batch of 26 popular Ondo trading pairs.

This marks the first time that global investors can trade on-chain versions of US stocks and ETFs around the clock, just like trading encryption. This move is not only a key milestone in the RWA (Real World Asset) track moving from the experimental phase to scaled application, but it could also fundamentally change the way traditional financial markets operate.

01 Ondo Market Performance: Strong Prices, Positive Technical Indicators

As of September 16, 2025, ONDO's price performance has been strong. Despite some recent minor fluctuations, the overall trend remains optimistic.

ONDO has increased by 16% within 7 days, with the price once breaking through 1.13 dollars, reducing monthly losses and showing signs of potential technical breakthroughs.

In terms of technical indicators, ONDO's Relative Strength Index (RSI) is 60.63, which is in the neutral range, indicating there is still room for further upward movement. The MACD indicator also shows a bullish signal, with its histogram being a positive 0.0094.

Analysts have observed that ONDO has broken through the key resistance level of $1.05, ending a long period of consolidation. The 50-day moving average has also crossed above the 200-day moving average, forming a "golden cross," which typically signals the beginning of a strong upward trend.

02 Tokenization Revolution: Breaking the Time and Space Limitations of Traditional Finance

Ondo Finance, as a leader in the RWA tokenization space, holds nearly 40% of the global tokenized securities market share.

It has revolutionized the way global investors access the US market by bringing traditional financial assets onto the blockchain. On September 4th, Ondo Global Markets officially launched, providing global investors with around-the-clock instant access to tokenized US stocks, ETFs, and other securities.

The platform's first phase supports over 100 tokenized US stocks and ETFs, with plans to expand to more than 1000 by the end of the year, marking the largest issuance of tokenized equity assets in history.

These tokenized stocks are fully collateralized by spot securities held by US-registered brokers and cash in transit, allowing users outside the US to mint, redeem, and transfer instantly 24/7, 365 days a year.

03 Gate's Ondo Section: 26 Trading Pairs and Activity Rewards

Gate's Ondo section has launched the first batch of 26 trading pairs, covering major tech stocks, index ETFs, and popular stocks. These trading pairs are all priced in USDT, making it convenient for encryption investors to trade directly.

The main trading pairs include: SPYON/USDT (benchmarking the S&P 500 ETF), QQQON/USDT (benchmarking the Nasdaq ETF), TSLAON/USDT (benchmarking Tesla stock), AAPLON/USDT (benchmarking Apple stock), and NVDAON/USDT (benchmarking Nvidia stock).

To celebrate the official launch of the Ondo area, Gate will hold the CandyDrop event from September 4th, 12:00 to September 17th, 12:00 (UTC+8). Users participating in Ondo area trading have the chance to share 384,615 ONDO tokens, with a limit of 220 ONDO tokens per person.

04 RWA Track Dynamics: Institutional Funds Accelerate Inflow, Regulation Gradually Clarifies

RWA tokenization is moving from niche to mainstream. In the past three years, the RWA market has grown by nearly 380%, reaching a value of 24 billion dollars. Analysts believe that this market could expand to 30 trillion dollars by 2034.

2025 will be a breakthrough year for RWA development. Since January, the entire industry has grown by over 260%, jumping from less than 9 billion dollars to over 23 billion dollars. The main drivers of this growth come from tokenized private credit and U.S. Treasury bonds.

Institutional funds are rapidly pouring into the RWA sector. Ondo Finance's total locked value (TVL) has reached a historic high of 1.5 billion dollars within 24 hours for the first time. This figure was only 548 million dollars on January 17, 2025, indicating an increase of nearly two times in just 8 months.

Traditional financial institutions are actively embracing the trend of tokenization. Nasdaq has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch trading of tokenized securities. If approved, this will become the first securities exchange in the U.S. to offer trading of tokenized securities.

05 Investment Opportunities and Risks: The Window Period Before Unlocking Events

For investors, this may be a good time to participate in ONDO. The rapid growth in the RWA sector provides fundamental support for ONDO. Technical indicators show a bullish trend, and the price is expected to test $1.06 and possibly move towards $1.15.

However, investors also need to be aware of potential risks. The ONDO token unlocking event is scheduled to take place every January. The next token unlocking event will release nearly 2 billion new ONDO tokens to the market, which may lead to a significant price correction.

Therefore, the period from September 2025 to January 2026 may be a relatively favorable time to trade ONDO, but as the unsealing date approaches, selling pressure may increase.

The uncertainty of cross-border regulation is also a factor that needs to be considered. Even with custody by a US brokerage, the cross-border sale of tokenized securities may still trigger compliance requirements in different jurisdictions.

06 Future Outlook: The Acceleration of Integration Between Traditional Finance and Encryption Finance

The trend of tokenized securities is unstoppable. From Nasdaq submitting applications for listing tokenized securities to Hong Kong planning the draft "Digital Asset Issuance and Trading Regulations", traditional financial centers are fully embracing this transformation.

In the coming years, with clearer regulations, mature technology, and the evolution of user habits, RWA is expected to move from financial innovation to mainstream application, building a global financial market without temporal and spatial limitations.

Ondo has established close collaborations with several Wall Street institutions. Its OUSG fund is the largest investor in Fidelity's digital new tokenization fund, and it also invests in BlackRock's BUIDL fund as well as other traditional financial companies such as WisdomTree, Franklin Templeton, and Wellington Management.

With the entry of traditional financial giants BlackRock and Goldman Sachs, the RWA sector is ushering in its historic moment. Global investors may find themselves living in a "24/7 financial market" without time and space constraints.

Future Outlook

Ondo Global Markets reached a trading volume of 65 million USD just two days after its launch, while similar platform xStocks had a total trading volume of 3.782 billion USD over three months of operation. As more trading platforms launch Ondo tokenized assets, this figure is expected to continue to grow.

The entry of traditional financial giants like BlackRock and Goldman Sachs signifies that the RWA track is迎来 its historic moment. In the coming years, with clear regulations, mature technology, and the evolution of user habits, we may witness the birth of a global financial market without time and space constraints.