Ondo Finance (ONDO) is emerging as a key player in the tokenization of real-world assets (RWA) as banks and fintech companies increasingly move assets onchain. The company is developing infrastructure to support tokenized stocks, ETFs, and other RWAs, facilitating the institutional adoption of digital assets. Recent developments highlight the growing trend, with JPMorgan testing crypto trading for institutional clients and Klarna planning a USDC funding round. Additionally, ABN Amro has successfully completed a blockchain-based derivatives trade, and Hong Kong has updated its crypto regulations, further signaling the shift towards blockchain technology in traditional finance sectors.