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

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.