Ondo’s tokenized asset base has reached $3.89 billion, spreading across multiple networks. Ethereum still leads with $2.1 billion representing 52.37% of the total, but its concentration is declining. Solana showed the strongest growth, surging to $456.7 million, a 60.32% increase over 30 days, while BNB Chain reached $429.7 million. Tokenized equities are now being used as collateral in on-chain credit markets, with Solana leading at $20.7 million via Kamino, compared to $5.8 million on Ethereum via Euler and Morpho. With 521,028 token holders transferring $2.38 billion per month, these assets are increasingly entering real circulation.
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