Tokenized U.S. Treasuries top $14 billion onchain, according to Allium
Tokenized U.S. Treasuries have crossed $14 billion onchain, according to a new Allium Labs report referenced by Ondo Finance.
The tokenized U.S. Treasury market just crossed $14 billion onchain.
A new @AlliumLabs report tracks the size and reach of every tokenized U.S. Treasuries ecosystem. Their conclusion:
“Ondo is the outlier. The only tokenizer with both billions in AUM and 15,000+ wallets.” pic.twitter.com/9K8rmlT8RW
— Ondo Finance (@OndoFinance) June 29, 2026
In a post on X, Ondo said the report tracks the size and reach of the tokenized U.S. Treasuries market and describes Ondo as the only issuer combining billions in assets under management with more than 15,000 wallets.
The figures point to a market that has grown beyond a single-platform niche, while also highlighting how concentrated the category still appears to be at the top end. Based on the available source, Ondo is the only issuer specifically identified with both large AUM and broad wallet distribution.
The public landing page for the Allium report confirms the broader market milestone, but it does not show the full issuer-by-issuer wallet breakdown. That means the exact distribution across other tokenized Treasury products remains unclear from the material available so far.
Ondo’s post framed the data as evidence that tokenized Treasury products are scaling in both size and usage. Even so, the broader market picture is still partial until the underlying report’s full breakdown is available for review.
