Ondo Finance Hires Former Invesco Executive to Develop Onchain Tokenized Investment Products

Ondo Finance is building blockchain-based capital markets by bringing traditional financial instruments, including tokenized U.S. Treasury products, on-chain. As institutional interest in real-world assets, or RWAs, expands, the company’s ability to manage finance, compliance and cross-market operations has become increasingly important to scaling its tokenized securities business and attracting mainstream capital.

Ondo Finance appointed Adam Schlisman, the former chief financial officer of Blockchain.com, as its new CFO, adding an executive with financial leadership experience in the cryptocurrency industry. The hire is intended to support the company’s expansion in on-chain capital markets and tokenized securities. At the time of the announcement, total value locked on the Ondo Finance platform had surpassed $1 billion.

Ondo Finance specializes in tokenizing real-world assets, using blockchain infrastructure to provide exposure to traditional instruments including U.S. Treasuries, stocks and exchange-traded funds. The company has disclosed only about $34 million from equity financing and token sales, yet oversees billions of dollars in tokenized assets. That gap has made Ondo a closely watched example of a capital-efficient infrastructure provider as financial institutions increasingly explore onchain markets.

As of July 31, 2026, Ondo Finance was considering an acquisition valued at as much as $500 million to broaden its product lineup, add capabilities and increase scale. The potential price is nearly 15 times the roughly $34 million Ondo has publicly raised through financing and token sales. No target, funding structure or completion timetable has been disclosed, and the deliberations have not yet resulted in an announced transaction.

Tokenized stocks can bring U.S. equities and ETFs onto public blockchains, but holders previously received mostly economic exposure, including price movements and dividends. Unlike clients of traditional brokerages, they generally had limited access to corporate documents and voting. Ondo Finance's new feature adds a shareholder-governance component, helping narrow the rights gap between onchain assets and traditional securities while strengthening transparency and trust in the RWA market.

Ondo Finance announced a partnership on April 28, 2026, with Broadridge Financial Solutions, which processes more than $15 trillion in securities each day. Ondo accounts for about 70% of the tokenized equities market, with more than $700 million in total value locked across the related assets. Holders can use crypto wallets to receive regulatory filings and issuer communications and submit proxy-voting preferences, which Broadridge will aggregate and process.

Tokenized securities record interests in traditional assets on a blockchain. In January 2026, the U.S. Securities and Exchange Commission outlined a third-party custody model under which the underlying securities remain within the regulated custody chain. Ondo Finance's initiative brings a model commonly used offshore into the existing U.S. framework. Its overseas platform already holds more than $1 billion in assets spanning over 430 stocks and ETFs.

On July 2, 2026, Ondo Finance launched 1:1 tokenized interests in BlackRock's iShares Core S&P 500 ETF (IVV) and Micron Technology (MU) shares on Ethereum. SEC-registered transfer agent Oasis Pro TA handles minting, while Broadridge provides voting, disclosures and shareholder communications. The products are not currently available to U.S. investors.