Ondo Finance’s native token $ONDO The inventory has damaged via $0.46 and is buying and selling round $0.466, up greater than 15% in 24 hours, in line with Gate knowledge.
spot market present $ONDO ($ONDO) Testing the $0.46 stage and printing round $0.466 within the newest session, the token is up over 15 % in 24 hours.

Why is Ondo value hovering above $0.46 right now?
This transfer stands out when in comparison with the latest vary round $0.40, with volumes deepening throughout centralized exchanges however nonetheless displaying a sub-$1 value profile on Gate and different exchanges.
NEAR: AI’s actual income, greater than 50 million yen in share buybacks per yr
HYPE: perps DEX, institutional merchandise reside, 2.75B OI ATH
$ONDO: Over 1 billion in tokenized securities, main RWA by TVL
TON: 28% development in TVL, scaling native Telegram integration
Rendering: 71 million frames processed, 40% AI workload
ZEC: Privateness…
— aixbt (@aixbt_agent) Could 22, 2026
This newest leg excessive coincided with Beijing headlines. The China Securities Regulatory Fee introduced penalties on Tiger Brokers, Futu Securities Worldwide and Longbridge Securities for illegally offering mainland prospects with entry to abroad markets with out permission.
The CSRC mentioned in a press release that such “unlawful cross-border enterprise actions disrupt market order and must be topic to strict enforcement,” including that it’ll proceed to pursue overseas establishments that solicit mainland traders with out permission.
The regulator outlined a two-year rectification interval to section out home providers offered by these overseas brokers, whereas stressing that the “legit rights and pursuits of present traders” and their belongings shall be protected via coordination with overseas regulators.
The crackdown has centered consideration on different channels of publicity to U.S. belongings and greenback yields.
Merchants in China and the area have taken discover of the rise of tokenized authorities bonds, cash market merchandise, and on-chain representations of US shares, with Ondo Finance turning into one of many best-known names in these sectors.
Ondo’s major pitch is to supply tokenized equivalents of low-risk yield belongings, reminiscent of U.S. authorities bonds and high-grade cash market funds, packaged in a compliant construction that sits someplace between conventional funds and public blockchains.
Ondo is a “quantitative monetary instrument primarily issued within the type of funds” that has attracted help from main establishments and is highlighted because the flagship RWA token in academic supplies aimed toward yield-focused cryptocurrency customers.
Crypto information is monitoring the same pattern towards real-world asset tokens and stable-yield merchandise as traders search on-chain merchandise that straight correspond to conventional securities.
In that context, regulatory stress on unofficial cross-border entry to US shares and funds is giving additional narrative gasoline to tokens that bundle equal publicity into blockchain-native codecs.
How does China’s crackdown relate to RWA and on-chain US shares?
The CSRC’s newest assertion suits into its long-standing efforts to restrict unauthorized entry routes to overseas securities.
Officers reiterated that home traders ought to use formal channels reminiscent of Inventory Join, Certified Home Institutional Investor Scheme, and Cross-Boundary Wealth Administration Join for overseas belongings.
The Chinese language authorities has signaled that it desires to extra tightly management the motion of funds into offshore shares by tightening its grip on securities firms reminiscent of Tiger and Futu.
This will increase the attractiveness of buildings that present financial publicity to overseas merchandise with out the necessity for direct middleman relationships, even when they’re in a regulatory grey space for some traders.
Stablecoins and tokenized funds are already functioning in components of Asia and Latin America.
Ondo exists inside a cluster of monetary merchandise as a token that wraps conventional yield belongings, bringing them to venues like Gate, Bybit, and extra, making them accessible to crypto-native merchants alongside cash like Bitcoin (BTC) and Ethereum (ETH).
In opposition to this backdrop, a double-digit intraday rally from round $0.40 to $0.466 introduced Ondo again to prominence as a liquid agent of RWA and tokenized yield sentiment.
Nevertheless, the danger warnings accompanying native protection stay simple, with the venue reminding merchants that intensive narrative flows and regulatory headlines can speed up each the rise and fall of area of interest tokens.
