ONDO Jumps 15% to $0.393 on July 16 as Ondo Finance Partners with SBI Group for Japan Tokenization

ONDO surged 15% to $0.393 on July 16, 2026, following announcements that Ondo Finance partnered with Japanese financial services giant SBI Group to tokenize Japanese assets, and launched tokenized stock representations via the DTCC Tokenization Service. The partnership covers tokenizing Japanese assets with distribution across the SBI ecosystem and settlement using the JPYSC stablecoin.

Ondo's market capitalization rose from $1.55 billion to approximately $1.87 billion. The initiative links Ondo to the DTCC, the premier post-trade market infrastructure for U.S. securities, which processed approximately $4.7 quadrillion in transactions in 2025.