Price history
Market cap
1,04 Mrd €
Volume traded (24h)
0,025 Mrd €
Circulating supply
3.159.107.529 ONDO
All-time high (ATH)
1,90 €
Distance from ATH
-82,6%
Market cap rank
#48
What is Ondo
Ondo is a platform specialising in the tokenisation of real world assets (RWA) — particularly US Treasury bonds and short-term bond funds — allowing these instruments, traditionally reserved for institutional investors, to be held in token form on the blockchain.
The RWA sector, of which Ondo is one of the most cited names, is considered one of the most concrete bridges between traditional finance and cryptocurrencies, as it directly links the token's value to real, regulated financial instruments rather than a purely digital asset.
Frequently asked questions
Is Ondo regulated in the UK?
As with most cryptocurrencies, Ondo is not covered by FCA regulation in the same way as regulated investments; the FCA has warned that crypto assets carry a high risk of losing all invested capital.
What does "Real World Assets" (RWA) mean?
It refers to the tokenisation of traditional financial assets — such as government bonds or property — making them tradeable on blockchain; the token's value is linked to the value of the underlying real asset.
How is Ondo taxed in the UK?
Cryptoasset gains are generally subject to Capital Gains Tax in the UK, with an annual tax-free allowance. Always check current HMRC guidance.