Ondo Finance’s native token $ONDO has damaged above $0.46 and is buying and selling close to $0.466 with a 24 hour acquire above 15 p.c, in line with knowledge from Gate.
Spot market reveals $ONDO ($ONDO) testing the $0.46 degree and printing round $0.466 within the newest session, placing the token greater than 15 p.c greater over 24 hours.

Why is Ondo value spiking above $0.46 immediately
The transfer stands out in opposition to current ranges round $0.40, with Gate and different venues nonetheless displaying a sub one greenback value profile whereas volumes deepen throughout centralized exchanges.
NEAR: actual AI income, 50M+ annual buybacks
HYPE: perps DEX, institutional merchandise reside, 2.75B OI ATH
$ONDO: 1B+ in tokenized securities, main RWA by TVL
TON: 28% TVL progress, native telegram integration scaling
RENDER: 71M frames processed, 40% AI workloads
ZEC: privateness…
— aixbt (@aixbt_agent) Might 22, 2026
This newest leg greater coincided with headlines from Beijing. China’s Securities Regulatory Fee stated it has penalized Tiger Brokers and Futu Securities Worldwide, together with Lengthy Bridge Securities, for illegally providing mainland shoppers entry to abroad markets with out approval.
In an announcement the CSRC stated such “unlawful cross border enterprise operations have disrupted the market order and needs to be subjected to a heavy crackdown,” including that it will proceed to pursue abroad establishments that solicit mainland buyers with out authorization.
The regulator outlined a two 12 months rectification interval to part out home providers supplied by these abroad brokers, whereas stressing that the “reputable rights and pursuits of current buyers” and their property could be safeguarded by means of coordination with international regulators.
That clampdown has pushed consideration towards various channels for publicity to United States property and greenback yield.
Chinese language and regional merchants have been watching the rise of tokenized treasuries, cash market merchandise and onchain representations of United States shares, sectors the place Ondo Finance has turn into probably the greatest identified names.
Ondo’s core pitch is that it gives tokenized equivalents of low danger yield property resembling United States Treasury bonds and excessive grade cash market funds, packaged in compliant buildings that sit between conventional funds and public blockchains.
Ondo is a “quantitative monetary product primarily issued within the type of a fund” that has attracted backing from main establishments, and has highlighted it as a flagship RWA token in academic materials aimed toward yield oriented crypto customers.
Crypto information has been monitoring comparable flows into actual world asset tokens and steady yield merchandise as buyers search for onchain devices that map on to conventional securities.
In that context, a regulatory squeeze on unofficial cross border entry to United States shares and funds offers further narrative gas to tokens that bundle comparable exposures into blockchain native kind.
How does China’s crackdown hyperlink to RWA and onchain US shares
The CSRC’s newest assertion matches into an extended effort to limit unlicensed entry routes to abroad securities.
Officers have reiterated that home buyers ought to use formal channels resembling Inventory Join, Certified Home Institutional Investor schemes and Cross boundary Wealth Administration Join for international property.
By tightening round brokerages like Tiger and Futu, Beijing is signaling it needs tighter management over how capital strikes into offshore equities.
That in flip will increase the enchantment of buildings that ship financial publicity to international devices with out requiring a direct brokerage relationship, even when they sit in a regulatory gray zone for some buyers.
Stablecoins and tokenized funds already serve that perform in elements of Asia and Latin America.
Ondo sits inside that cluster of devices as a token that wraps standard yield bearing property and brings them into venues like Gate, Bybit and others the place crypto native merchants can entry them alongside cash resembling Bitcoin (BTC) and Ethereum (ETH).
In opposition to that backdrop, a double digit intraday acquire from roughly $0.40 to $0.466 places Ondo again in focus as a liquid proxy for RWA and tokenized yield sentiment.
The danger warning hooked up to native protection stays easy, nonetheless, with venues reminding merchants that concentrated narrative flows and regulatory headlines can speed up each upside and drawdowns in area of interest tokens.

