Ondo Finance reported a significant milestone in 2025, reaching $2 billion in trading volume and $370 million in total value locked (TVL) for its tokenized U.S. stocks and ETFs. The platform, launched as Ondo Global Markets, operates on Ethereum and BNB Chain, providing 24/7 access to over 100 assets. This expansion was supported by institutional partners such as Fidelity, BlackRock, and JPMorgan, and included the development of cross-chain settlement infrastructure. The firm also made strides in regulatory compliance, acquiring Oasis Pro to gain SEC-registered broker-dealer, ATS, and transfer agent licenses, facilitating regulated access to U.S. securities for European investors. Ondo's regulatory efforts were bolstered by the SEC closing its investigation without charges. The company further expanded its institutional partnerships and infrastructure, launching a $250 million Catalyst initiative and acquiring Strangelove to enhance its tokenization capabilities.