BULLISH 📈 : DTCC taps Ondo for U.S. capital markets tokenization working group
DTCC taps Ondo for US market tokenization; Franklin Templeton goes on-chain via Ondo rails
Ondo joins a DTCC-led working group to bring US capital markets on-chain. Franklin Templeton routes access to ETFs through Ondo’s infrastructure.
DTCC named Ondo to its new industry group building a tokenization service for US market infrastructure. Confirmation came from Ondo’s team on X and DTCC’s official announcement.
Ondo announcement on X
DTCC tokenization service announcement
DTCC’s scale sets the stakes. It custodies over $114 trillion and processes about $3.7 quadrillion in transactions each year.
DTCC scale and initiative details
Ondo will collaborate with leading firms named in the initiative:
- BlackRock
- Goldman Sachs
- J.P. Morgan
- Franklin Templeton
- Morgan Stanley
- Bank of America
- Citadel Securities
- NYSE Group
- Circle
- Fireblocks
- Robinhood
DTCC working group participants
Ondo’s participation note
DTCC’s CEO Frank La Salla framed tokenization as a path to more liquidity, transparency, and efficiency for investors.
DTCC CEO perspective
Ondo positions itself as a leading tokenizer of stocks, ETFs, and US Treasuries, with its Global Markets initiative expanding listings and access.
Ondo Global Markets update
Franklin Templeton, a $1.7 trillion asset manager, chose Ondo as its gateway to blockchain distribution, rather than building its own stack.
Analyst note on Franklin Templeton’s choice
Five ETFs now trade 24/7 via crypto wallets through Ondo’s rails, removing brokerage and geography frictions for access.
Ondo ETFs and wallet-based access
Ondo is cited with roughly 70% of tokenized equities today and is targeting the $30 trillion global ETF market.
Market share and ETF TAM
The broader stance from Wall Street is shifting. Institutions are using blockchain as a more efficient infrastructure layer, with Ondo’s regulated rails underpinning distribution.
Ondo’s SEC-registered infrastructure milestone
