Ondo Price: DTCC Partnership With BlackRock and Goldman Sachs Sends Token Surging

TLDR

• ONDO price rose around 5% after Ondo announced its participation in DTCC’s largest tokenization initiative to date
• Ondo launched the first tokenized stock representations backed by DTC tokenized entitlements
• Partners in the initiative include BlackRock, J.P. Morgan, Goldman Sachs, Nasdaq, and the NYSE
• Daily trading volume jumped 51.7% alongside the price move
• Key technical resistance sits near $0.336, with bigger levels at $0.70 and $1.12 above

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Ondo Finance announced it has launched the first tokenized stock representations based on DTC tokenized entitlements. The news pushed the ONDO token up around 5% in 24 hours and sent daily trading volume up 51.7%.

The initiative is part of the DTCC Tokenization Service. The Depository Trust & Clearing Corporation processed roughly $4.7 quadrillion in U.S. securities transactions during 2025, making it the backbone of U.S. post-trade infrastructure.

We’re excited to announce that Ondo has launched the first tokenized stock representations based on DTC tokenized entitlements to DTC-held securities generated through the DTCC Tokenization Service.

The Depository Trust & Clearing Corporation (DTCC) is the premier post-trade… pic.twitter.com/r7KcGmDqa9

— Ondo Finance (@OndoFinance) July 15, 2026

Ondo joins a group that includes BlackRock, J.P. Morgan, Goldman Sachs, Nasdaq, and the New York Stock Exchange. The company describes this as DTCC’s largest tokenization initiative to date.

CEO Ian De Bode said: “Ondo is the only company simultaneously building all pathways for US securities tokenization. Today’s initiative with DTCC demonstrates that Ondo Stocks infrastructure is purpose-built to interoperate with institutional market infrastructure, not to compete with it.”

Under Ondo’s platform, tokenized entitlements tied to securities such as CRCL and SPY act as digital twins backing CRCLon and SPYon. These tokens can move between traditional and tokenized formats.

This creates more flexibility and opens new liquidity opportunities across exchanges, wallets, and DeFi platforms.

What the Charts Show

ONDO bounced from a key ascending trendline and climbed back toward its 50-day EMA. A clean break above that level could open the path toward $0.70, and then $1.12 if buying pressure holds.

On the downside, failure to clear the EMA could put the ascending trendline back at risk. Losing that support would expose the token to further downside.

A descending triangle pattern has been building on the daily chart. The $0.31 zone has held since June, but bulls have struggled to push past the $0.336 local resistance level.

The Chaikin Money Flow and On-Balance Volume indicators have not confirmed steady buying pressure. That leaves the technical picture mixed despite the positive news.

Analyst Reaction

Crypto analyst Michaël van de Poppe, known on X as @CryptoMichNL, said he had been tracking ONDO for several weeks. He noted the DTCC partnership announcement and said ONDO was up 18% on the day at the time of his post. Van de Poppe added that he does not think the run will stall and believes there is more upside to come.

I’ve been covering this one over the past few weeks.

Massive partnership announcement with DTCC and $ONDO is up 18% on the day.

I don’t think the run will stall, there’s more in the tank to come on this one. https://t.co/ydpgaTKeC5 pic.twitter.com/PsW0PWPhNA

— Michaël van de Poppe (@CryptoMichNL) July 15, 2026

At the time of writing, the $0.343 level, which lines up with the 50% retracement, is the key area dividing the premium and discount zones for swing traders.