ONDO, the native token of DeFi platform Ondo Finance, jumped 15% to $0.393, pushing its weekly gains past 20% and driving its market cap to nearly $1.87 billion.
Key Takeaways
ONDO jumped 15% to $0.393 on July 16, 2026, as Ondo Finance partnered with SBI Group to tokenize Japanese assets.By joining DTCC’s initiative, Ondo helps link DeFi to a market infrastructure that processed $4.7 quadrillion in 2025.Ondo CEO Ian De Bode aims to scale the project by bringing more tokenized securities on-chain for investors.Together, the positive developments pushed ONDO’s weekly gains past 20% and lifted its market capitalization from $1.55 billion to nearly $1.87 billion. Furthermore, the token’s surge left it slightly higher than its Jan. 1 value, making it one of the few digital assets with positive year-to-date gains.
“As tokenized securities markets continue to evolve, Ondo expects to play a leading role in bringing these assets on-chain for investors,” Ondo CEO Ian De Bode said of the DTCC integration.
Expanding into Japan via SBI Group“Japan is one of the most sophisticated capital markets in the world, and SBI sits at the center of it. This collaboration creates a path to bring Japanese assets on-chain and to connect Japan with the global tokenized economy.”
Yoshitaka Kitao, representative director, chairman, president and CEO of SBI Holdings, characterized Ondo as an ally that will help his firm achieve its goal of creating a digital assets corridor.
“Ondo Finance has established itself as a global leader in the tokenization of real-world assets and is at the forefront of the tokenized equities market. We believe Ondo will be a key strategic partner as SBI Group forms a global corridor for digital assets, and we look forward to rapidly advancing a wide range of initiatives together,” Kitao said.
