ONDO’s IVVon Becomes the Largest Tokenized ETF Onchain at About $70 Million

ONDO’s IVVon Becomes the Largest Tokenized ETF Onchain at About $70 Million

N
News Editor
2026-08-22 06:05:39
Techub News, citing CryptoBriefing, said ONDO Finance’s tokenized ETF product IVVon has reached about $70 million in market value, making it the largest tokenized ETF currently onchain. The product is up more than three times from $22 million at the start of 2026, and it wraps BlackRock’s iShares Core S&P 500 ETF (IVV) into a blockchain-native token with automatic dividend reinvestment. CryptoBriefing also said ONDO Finance’s total value locked crossed $1 billion in August 2026, while IVVon accounts for about 16% of the tokenized ETF market.
Techub News, citing CryptoBriefing, said ONDO Finance’s tokenized ETF product IVVon has climbed to about $70 million in market value, making it the largest tokenized ETF onchain right now. The product was valued at $22 million at the start of 2026, which means its market value has more than tripled. IVVon packages BlackRock’s iShares Core S&P 500 ETF (IVV) as a blockchain-native token and supports automatic dividend reinvestment. CryptoBriefing said ONDO Finance’s platform total value locked passed $1 billion in August 2026. IVVon accounts for about 16% of the overall tokenized ETF market.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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