Ondo
Ondo Finance is a blockchain technology company that bridges traditional finance and DeFi by tokenizing institutional-grade real-world assets like U.S. Treasuries (OUSG, USDY), offering on-chain investment opportunities, yield generation, and a dedicated Layer 1 blockchain (Ondo Chain) for institutional financial markets, emphasizing compliance, transparency, and efficiency.
Industry
Finance & Insurance
Market Categories
Stablecoin Issuers
Business function (Horizontal)
Finance
Headquarters Location
New York, New York, USA
Product Name
Ondo
Parent Company
Ondo
Founder
Nathan Allman, PInku Surana
Web2vsWeb3
Web3
Access Model
API
Target Users
Enterprises, Other
Competitors
Franklin Templeton (BENJI Token), Mountain Protocol (USDM), Matrixdock (SBT), Backed Finance (bTokens), Maple Finance (Cash Management Pool), BlackRock (BUIDL fund), Archblock (1USD, TrueFi), Usual (USD0), First Digital Labs (FDUSD), Tokeny Solutions, Securitize, Polymath, RealT, ConsenSys Codefi, Plume Network.General Stablecoin Issuers: Tether (USDT), USD Coin (USDC), PayPal USD (PYUSD), TrueUSD (TUSD), Binance USD (BUSD), Dai (DAI). DeFi Lending Protocols: Aave, Compound, MakerDAO, Lybra Finance (eUSD, peUSD), Reflexer Finance (RAI, FLX).
Business Function (stablecoins)
Issuance & Redemption, Reserve Management, Compliance & Regulatory Oversight, Transaction Settlement, Liquidity Provision, Yield Management
Feature completness
Product differentiation
Pioneering RWA tokenization (first to tokenize US Treasuries); Institutional-grade focus; Dedicated Layer 1 blockchain (Ondo Chain) for RWAs; Strong compliance integration; Strategic partnerships with major financial institutions (Mastercard, J.P. Morgan, PayPal).
Privacy & Data protection certificate
Years in business
4.49
Employees
10-100
Horizontal Applications
Lending & Borrowing, Decentralized Finance (DeFi) Applications, Settlements, Liquidity
Tech stack modernity
Node.js, Next.js, TypeScript, Ethereum, React. Leverages Solana, Polygon, Ondo Chain (L1), smart contracts, omnichain bridging (Axelar, LayerZero).
Product Roadmap
Launch of Ondo Chain & Ondo Global Markets; Expansion to additional chains/L2s; Deepening TradFi integration; Continuous new product development; Enhancing security/compliance.
Product Roadmap
Launch of Ondo Chain & Ondo Global Markets; Expansion to additional chains/L2s; Deepening TradFi integration; Continuous new product development; Enhancing security/compliance.
API Quality
Production-Ready
Documentation Link
Enterprise readiness
High readiness due to institutional focus, robust compliance, strong security, scalable architecture, and strategic partnerships. Formal SLAs and dedicated account management not explicitly detailed publicly.
Security & Compliance Readiness
KYC/AML compliance, Investor protections, Guaranteed claims on reserves, Smart contract audits (multiple, no hacks). Permissioned validators on Ondo Chain.
Documentation quality assessment
Comprehensive "Ondo Finance Docs" covering products, developer guides, trust & security, legal, and FAQs. Includes published smart contract audits.
Support Methods
Direct email support (support@ondo.finance), Contact form, Developer support. Internal commitment to "Clear (and Met) SLAs." No explicit public details on average response times or dedicated account management.
Critical capabilities
Smart contracts, Ethereum-based with Solana & Polygon support, Ondo Chain (L1 blockchain for institutional RWAs), Native omnichain bridging, RWA staking for network security, Node.js, Next.js, TypeScript, React.
Support & Account Management
Direct email support (support@ondo.finance), Contact form, Developer support. Internal commitment to "Clear (and Met) SLAs." No explicit public details on average response times or dedicated account management.
51 Score™
472.08
Product & Service
68.0
Stability & Maturity
53.3
Technology & Innovation
40.0
Enterprise Readiness
27.5
Categorization
Founder
Nathan Allman, PInku Surana
Parent Company
Ondo
Market category
Stablecoin Issuers
Target Users
Enterprises, Other
Top competitors
Franklin Templeton (BENJI Token), Mountain Protocol (USDM), Matrixdock (SBT), Backed Finance (bTokens), Maple Finance (Cash Management Pool), BlackRock (BUIDL fund), Archblock (1USD, TrueFi), Usual (USD0), First Digital Labs (FDUSD), Tokeny Solutions, Securitize, Polymath, RealT, ConsenSys Codefi, Plume Network.General Stablecoin Issuers: Tether (USDT), USD Coin (USDC), PayPal USD (PYUSD), TrueUSD (TUSD), Binance USD (BUSD), Dai (DAI). DeFi Lending Protocols: Aave, Compound, MakerDAO, Lybra Finance (eUSD, peUSD), Reflexer Finance (RAI, FLX).
