Ondo Finance has allocated approximately 77% of its total value locked (TVL) on the Ethereum blockchain, according to data from @RWA_xyz. This deployment represents about 11.6% of the total TVL in Ethereum's real-world asset (RWA) sector, underscoring Ethereum's pivotal role as a settlement layer for on-chain RWAs. Ondo Finance is known for issuing on-chain RWAs, including stocks, ETFs, and government bonds.