Ondo Finance highlighted a strong week for tokenization: BNY Mellon launched blockchain-enabled transfer agency services for tokenized funds, tokenized equities volume hit a record $11.3B in July, and Ondo introduced Ondo Network, a new execution layer for tokenized asset trading.
• BNY Mellon transfer agency services launched with Baillie Gifford as an early client
• Tokenized equities volume hit $11.3B in July, up 288% month-on-month
• Ondo Network was introduced as an execution layer for tokenized asset trading
Matters because: It shows institutional tokenization infrastructure scaling quickly and strengthens the broader RWA narrative in crypto.