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Reading: ONDO surges 17% as DTCC partnership expands reach for tokenized stocks
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COINTURK NEWS > Ondo > ONDO surges 17% as DTCC partnership expands reach for tokenized stocks
Ondo

ONDO surges 17% as DTCC partnership expands reach for tokenized stocks

In Brief

  • 🚀 ONDO jumped 17% after linking real-world asset tokens with DTCC’s market infrastructure.

  • 📈 The rally pushed $ONDO near $0.39 as institutions gained access to tokenized stocks and ETFs.

  • 🛡️ Robinhood integration and a $1 billion trading week reflect growing demand for tokenized assets.

  • 📊 Analysts point to $0.37–$0.38 as key support and $0.43–$0.45 as near-term resistance for ONDO.
İlayda Peker
İlayda Peker 8 hours ago
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ONDO, the native token of Ondo Finance, climbed over 17% after the company connected its real-world asset products with the Depository Trust & Clearing Corporation (DTCC), a leading US securities settlement and post-trade infrastructure provider. The token jumped from around $0.34 to nearly $0.39, marking a notable increase and extending gains for the week as investor interest returned to projects bridging traditional finance and blockchain technology.

Contents
DTCC integration supports tokenized stock rolloutExpanding distribution, onchain integrationKey resistance and support levels for ONDO

DTCC integration supports tokenized stock rollout

Ondo Finance reported that its CRCLon and SPYon products now link with tokenized entitlements issued via DTCC’s Tokenization Service. These tokenized instruments represent Circle shares and the SPDR S&P 500 ETF, offering investors a bridge between digital assets and established financial markets. According to DTCC, tokenized assets issued within its framework retain the same rights and protections as conventional securities, providing institutions with the familiar standards for custody, ownership, and settlement.

The integration ensures that tokenized stocks supported by Ondo carry CUSIP identifiers and established market symbols, making them easier for institutions to adopt within their existing workflows. DTCC plans a wider rollout of this Tokenization Service in October 2026, following a limited launch involving more than 50 institutional participants.

Santiment Intelligence pointed out the momentum:

ONDO jumped approximately 18% with its tokenized stock launch, and unlike most catalyst-driven moves, the on-chain activity is following. The token rose from about $0.31 to $0.37 between July 14 and 16 after launching DTCC-backed tokenized stock representations and a new partnership with SBI.

The connection with DTCC places Ondo’s products alongside systems trusted by major banks, asset managers, and trading venues. However, analysts note that connecting tokenized securities to robust settlement infrastructure does not directly translate into immediate institutional demand for the ONDO token itself.

Mini dictionary: DTCC (Depository Trust & Clearing Corporation), a US-based institution, provides clearing, settlement, and information services for financial markets, processing trillions of dollars in transactions each year and playing a fundamental role in global securities infrastructure.

Expanding distribution, onchain integration

Ondo Finance, a platform focused on tokenizing real-world assets, is also broadening its market presence with the launch of Robinhood Chain in July. Powered by Arbitrum, this new integration allows Robinhood users to access stock tokens and decentralized finance products, potentially increasing market exposure to tokenized equities.

In May, Ondo collaborated with Kinexys, Mastercard, and Ripple to complete a cross-border Treasury redemption pilot. The process saw Ondo conduct the asset tokenization and redemption while traditional banking partners managed fiat settlements, demonstrating a practical link between public blockchains and mainstream financial payment systems.

The company’s perpetual derivatives platform, Ondo Perps, reported over $1 billion in trading volume in the span of seven days and surpassed $3 billion in cumulative activity. This growth reflects increased market interest in RWA-linked derivatives products.

Key resistance and support levels for ONDO

ONDO’s price has surged past short and medium-term exponential moving averages, including the 20-day, 50-day, and 100-day EMAs, which cluster around the $0.339 to $0.345 range. The token also moved above the 200-day EMA at $0.376, shifting the technical outlook in favor of buyers.

LevelValue/RangeSignificance
Support$0.37 – $0.38Breakout holding zone
Resistance$0.39 – $0.40Near-term cap, requires breakout
Target$0.43 – $0.45Previous May highs
Major Resistance$0.48, $0.70Longer-term challenge levels

A firm close above $0.40 could pave the way for a move toward May highs near $0.43 to $0.45, with additional resistance further up at $0.48 and $0.70. However, with the four-hour Relative Strength Index (RSI) touching 75, the market now appears overbought, which raises the risk of short-term consolidation or a pullback.

First support now appears at $0.37 to $0.38. If ONDO holds this range, the breakout structure stays intact. A drop below $0.37 could lead to further declines toward the dense support zone near $0.34, where multiple moving averages converge.

You can follow our news on X, Telegram, Facebook & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 21 July, 2026 - 2:13 pm 21 July, 2026 - 2:13 pm
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İlayda Peker
By İlayda Peker
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The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
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