Gate launches Ondo tokenized stock market, what is the future outlook for the RWA track?

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

This marks the beginning of a new stage in the integration of traditional financial assets and the crypto market, where global users can now buy and sell on-chain versions of US stocks and ETFs around the clock, just like trading Crypto Assets.

01 The RWA sector is rapidly rising, with the scale of tokenized assets reaching new heights.

The tokenization of RWA (Real World Assets) 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.

Data shows that the market capitalization of the RWA tokenization market has grown from about 67 billion dollars to nearly 76 billion dollars over the past period. As of mid-September 2025, the total on-chain value of tokenized assets has exceeded 29 billion dollars, setting a new historical record.

The main driver of this growth comes from tokenized private credit and U.S. Treasury bonds. The year 2025 is poised to be a breakthrough year for RWA development, with the entire industry growing over 260% since January, jumping from under $9 billion to over $23 billion.

02 Ondo leads the market, institutional funds accelerate influx

As a leader in the RWA tokenization space, Ondo Finance holds nearly 40% of the global tokenized securities market. It has transformed the way global investors access the US market by bringing traditional financial assets onto the blockchain.

The total locked value (TVL) of Ondo Finance has shown explosive growth. According to DefiLlama data, its total locked value was $650 million in January 2025, and by September 12, this figure soared to $1.56 billion.

This growth is attributed to the surge in market demand for its tokenized products, which include OUSG (a tokenized short-term US Treasury fund) and USDY (a yield-stable coin). According to data from RWA.xyz, the TVL of just these two assets has reached 1.4 billion dollars.

03 ONDO Price performance is strong, technical indicators are optimistic

With the expansion of the RWA market and the increase in partnerships, the price of the ONDO token has seen a significant rise. As of September 12, 2025, the price of ONDO has reached 1.11 USD, with a 7-day increase of 22.39%.

By September 15, the trading price of ONDO broke $1.09, with a 19% increase over the past week and a 4% rise in the last 30 days. This strong performance aligns with the overall growth trend of the real-world asset (RWA) tokenization market.

From a technical analysis perspective, the ONDO token demonstrates strong bullish momentum. The current price is approaching the key resistance level of $1.13 and is supported by rising trading volume and a Relative Strength Index (RSI) of 66, indicating that upward momentum is strengthening.

Analysts have also noted that a head and shoulders bottom pattern is forming on the ONDO chart. If it can successfully break through the neckline resistance around $1.08, it may open the way to $2.10, representing a 100% upside potential from current levels.

04 Gate collaborates with Ondo to launch tokenized stock trading

The launch of the Ondo section on Gate provides over 33 million global users with a convenient and efficient on-chain Ondo trading experience. The first batch of 26 trading pairs covers major tech stocks, index ETFs, and popular stocks.

These 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).

Each tokenized stock is fully backed by spot securities held by a U.S. registered broker and cash in transit. Users outside the U.S. can mint, redeem, and transfer 24/7 instantly, 365 days a year.

To celebrate the official launch of the Ondo zone, Gate will hold the CandyDrop event from September 4th 12:00 to September 17th 12:00 (UTC+8). Users participating in trading in the Ondo zone will have the chance to share 384,615 ONDO coins.

05 Traditional institutions are entering the market, embracing the tokenization trend

Traditional finance is 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 United States to offer tokenized securities trading. This indicates that traditional exchanges are taking this emerging asset class seriously.

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

06 RWA Track Future Prospects: Opportunities and Challenges Coexist

Looking ahead, the RWA sector has significant growth potential. Analysts believe that this market could expand to $30 trillion by 2034.

International financial centers such as Hong Kong, Singapore, and Dubai are competing to introduce favorable policies to seize this new market worth tens of trillions of dollars. Before the fourth quarter of 2025, Hong Kong will complete the draft of the "Regulations on the Issuance and Trading of Digital Assets," providing a more regulated development environment for RWA.

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 for trading ONDO, but as the unlocking date approaches, selling pressure may increase.

Future Outlook

One of the largest Crypto Assets exchanges in the world, Gate, has partnered with the RWA leader, Ondo Finance, marking just the beginning of the integration between traditional finance and encryption finance.

Nasdaq has submitted an application to the U.S. Securities and Exchange Commission to launch tokenized securities trading; international financial centers such as Hong Kong and Singapore are also competing to introduce favorable policies to seize this new market worth trillions of dollars.

With increasingly clear regulations, continuously maturing technology, and the evolution of user habits, RWA is expected to transition from financial innovation to mainstream application. In the future, we may live in a "24/7 financial market" without time and space limitations, and Wall Street will also experience a renaissance supported by blockchain.