Key Takeaways
How does Ondo’s integration boost BSC’s position?
By adding over 100 tokenized U.S. stocks and ETFs, Ondo unlocks new liquidity streams and expands BSC’s exposure to the RWA market.
Is Binance really on track to become “Wall Street 2.0″?
With a $350M TVL and rapid RWA growth, Binance is evolving fast, positioning it as a serious contender in the next phase of tokenized finance.
Is Binance Chain [BSC] turning into Wall Street 2.0? Ondo Global Markets (the world’s largest tokenized stock and ETF platform) has gone live on BSC, bringing 100+ tokenized assets to the chain.
Ondo Finance[ONDO] says its mission is to “democratize access to high-quality U.S. financial assets,” and with BSC’s 3.4 million daily users, that’s a massive new audience getting exposure to traditional markets through DeFi.
Meanwhile, the RWA sector has reached a record $35 billion in on-chain value, rising 10% over the past 30 days. In this context, could this integration be the start of BSC’s evolution into a true Wall Street 2.0?
BSC’s untapped RWA potential comes into focus
Like any other partnership, the one between BSC and Ondo is built on mutual benefits. Technically, this collaboration removes geographic barriers that limit investors from allocating funds into the U.S. markets.
For example, with Ondo’s tokenized products now live on BSC, investors can gain on-chain exposure to assets like the mega-cap “Magnificent Seven” stocks and major ETFs, all without relying on off-chain brokers.
For BSC, this move marks a key inflection point. Data shows the chain hosting 108 tokenized assets with a TVL of $760 million. Among these, public equities are the least represented compared to the other two assets.
Source: RWAxyz
In short, Ondo unlocks a major piece of BSC’s untapped potential.
From a technical standpoint, the equity segment still sits at just $118k in tokenized value, making up 0.016% of BSC’s RWA market. Even so, Ondo’s integration has fueled a staggering 8,500%+ surge in this category.
That said, there’s still significant headroom for growth. Simply put, BSC still has a lot of catching up to do. Does that necessarily invalidate its “Wall Street” narrative, or is this just the beginning of its RWA breakout phase?
A partnership set to redefine the future of on-chain finance
Compared to other L1 networks, BSC’s path ahead is still a long one. For instance, with $320 million in public equity tokenized value, Ethereum [ETH] remains well ahead in the race to become the digital Wall Street.
However, the long-term opportunity is where both Binance and Ondo seem to be doubling down. As Sarah Song, Head of Business Development at BNB Chain, noted,
“Real-world assets are one of the fastest-growing areas on BNB Chain, and having Ondo Finance join the ecosystem further proves that momentum.”
She further added,
“Together, we’re making high-quality financial assets more accessible and driving the next wave of adoption that bridges traditional markets with blockchain technology.”
In this context, Ondo’s $350 million TVL gives BSC a competitive edge.
The platform is already 2x the size of all other platforms combined, having generated $669 million in total on-chain volume. And with a catalog of 100+ U.S. assets, Ondo brings massive liquidity to BSC’s ecosystem.
Thus, this partnership reshapes the future of on-chain finance. For BSC, the path to becoming the next “Wall Street” may still be a long one, but with 100+ tokenized assets now live, that vision is no longer out of reach.
