Tokenization Hits Congress as Ondo Says the Future Is Already Live

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  • Ondo offers 250+ tokenized stocks and ETFs with near-instant settlement and 24/7 trading access
  • Congress reviews tokenized securities as Ondo reports 60% market share and millions of Onchain trades
  • Franklin Templeton partners with Ondo to launch tokenized ETFs backed by real underlying assets

Tokenized securities are now at the center of policy discussions in the United States. The House Committee on Financial Services is holding a hearing on the future of tokenized assets.

At the same time, Ondo Finance has submitted an open letter stating that much of the infrastructure under review is already in use. This comes as major financial firms continue to expand tokenized investment products.

Congress Examines Tokenized Securities Framework

Lawmakers are reviewing how tokenized securities fit into existing financial systems. The hearing reflects growing interest in modernizing markets using blockchain technology. Officials are also assessing how current laws apply to these assets.

Washington is catching up to tokenization.

The House Committee on Financial Services is holding a hearing today on the future of tokenized securities.

Ondo has submitted an open letter to the Committee making the case that the infrastructure Congress is debating already exists.… pic.twitter.com/xBhNVsOzyD

— Ondo Finance (@OndoFinance) March 25, 2026

Ondo Finance stated in its letter that tokenized assets already meet legal ownership standards. The firm explained that ownership is structured through compliant special purpose vehicles. This allows tokens to represent both legal and beneficial ownership.

The letter also noted that smart contracts can automate AML and KYC checks. This reduces reliance on manual processes. It added that global access to tokenized assets is already active today.

Ondo Points to Live Infrastructure and Market Adoption

Ondo said its platform already supports near-instant settlement for tokenized assets. It currently offers access to more than 250 tokenized U.S. stocks and ETFs. These assets are available through digital wallets.

The platform operates continuously, allowing users to trade at any time. This differs from traditional markets with fixed hours. Continuous access allows more flexibility for investors.

Ondo also reported a strong market presence. The firm said it holds about 60% market share in its segment. It also serves tens of thousands of users and has processed millions of Onchain trades.

These figures were presented as proof that tokenized markets are already active. The company described its system as a working example of modern financial infrastructure.

Franklin Templeton Expands Tokenized ETF Offerings

According to Bloomberg, Franklin Templeton has partnered with Ondo Finance to launch tokenized versions of five ETFs. These funds track equities, bonds, and gold, and they are designed for investors who prefer digital access.

The tokenized ETFs will trade 24/7 and can be used within decentralized finance systems, while Ondo will provide liquidity and hold the underlying assets. This structure ensures that each token remains backed by real shares.

Franklin Templeton has been active in tokenization since 2021, and its BENJI fund remains one of the largest Onchain treasury products. This latest move expands its role in the growing tokenized asset market.

Regulation and Market Direction Continue to Evolve

Tokenization is becoming a key topic in financial regulation. Lawmakers are now reviewing how to integrate these systems into existing frameworks. The current hearing reflects ongoing discussions in Washington.

While some institutions are testing pilot programs, others are already operating live platforms. Ondo stated that its system shows how tokenization can work in practice. It also noted that the technology does not require long development timelines.

The firm said the opportunity for the United States is immediate. It pointed to global access, faster settlement, and automated compliance as key features. These elements are already functioning within current systems.

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