

Alright, today we’re talking about real-world assets and more specifically, a showdown that many people are quietly watching. Chainlink vs. Ondo.
Both are at the very top of the RWA sector. Both work with serious institutions. One of these altcoins has BlackRock behind it… the other was just picked up by the NYSE. So which one actually wins?
The BlackRock Factor (Ondo’s biggest weapon)
Let’s start with Ondo, because we really can’t talk about it without mentioning BlackRock. Ondo is essentially BlackRock’s preferred RWA partner. And look, it’s hard to bet against BlackRock.
What is the impact of BlackRock’s launch of BUIDL?
Watch Ian De Bode, Chief Strategy Officer at Ondo Finance, explain how sophisticated asset managers are adopting tokenization and how he sees Ondo’s role in helping institutions with omnichain issuance and increased utility. 🎥 pic.twitter.com/HSP9ak08Mm
– Ondo Finance (@OndoFinance) September 11, 2024
They are massive:
- They have a global sales force.
- More than 22,000 employees, many in direct contact with customers.
We are excited to support BlackRock and Securitize in their multi-chain expansion. Ondo’s OUSG is backed by and the largest holder of BlackRock’s BUIDL, and we intend to diversify our BUIDL reserves across a variety of supported blockchains to facilitate liquidity on more… pic.twitter.com/8QPMuwKbSV
– Ondo Finance (@OndoFinance) November 13, 2024
When BlackRock decides something is important, they don’t ask permission. So from a pure power perspective, Ondo is in a very strong position. If treasures and symbolic titles become a major narrative, Ondo is at its center. This alone gives them a real advantage.
🚨 BlackRock transfers millions of dollars to @OndoFinance
BlackRock CEO Larry Fink says the next generation of markets will be securities tokenization. @OndoFinance just told us that Wall Street 2.0 is coming
LTG $ONDO 🚀🔥 pic.twitter.com/kCN9p3vMw2
– Trader-VP (@Rshamammmmmm) November 14, 2024
Institutional vs. Retail
Ondo very clearly builds institutions above all.
Their products tell this story:
- $OUSG, tokenized US Treasury bonds, for institutions only.
- $USDY, a yield-generating stablecoin with strict compliance rules.
New milestone: $2 billion in TVL
From tokenized Treasuries to the largest on-chain stock and ETF platform, this marks a turning point for the industry.
OUSG and USDY have shown that Treasury exposure can move on-chain with stronger investor protection than that offered by stablecoins.… pic.twitter.com/VAlfBYpA7U
– Ondo Finance (@OndoFinance) January 14, 2026
Some products aren’t even available to Americans, not because Ondo doesn’t want users, but because they want to be fully compliant for a lot of money.
Solstice Finance, a leading stablecoin protocol on @solanahas selected Ondo’s OUSG as collateral for its USX stablecoin.
OUSG holds a diverse basket of tokenized US Treasury institutional funds from the world’s most trusted asset managers, including BlackRock, Fidelity,… pic.twitter.com/BfstJ9hq7J
– Ondo Finance (@OndoFinance) December 16, 2025
Ondo wants:
- Regulated money
- Billions of listed securities
- Pension funds, asset managers and sovereign capital.
US Treasury Market = ~$27 Trillion
If $ONDO captures 0.1% of this market, or $6.75 per ONDO
At 0.5%, that’s $33.75 per ONDO
I’m not saying any of this is guaranteed, because nothing on the market is ever guaranteed.
But Ondo is positioning himself to take back the United States… pic.twitter.com/SjAM5e4Rf0
– Kyren (@noBScrypto) July 23, 2025
And with their Global Markets platform, they already offer stocks, bonds and ETFs fully on-chain, 24/7, with no market closures.
Now let’s talk about Chainlink, because Chainlink doesn’t shout. Chainlink appears everywhere. Chainlink does not itself tokenize assets. This does something arguably more important.
Shares of over 100 of the world’s largest stocks and ETFs are tokenized on the Ondo Global Markets platform:
✅ Black Rock
✅Microsoft
✅Alphabet
✅Amazon
✅Nvidia
✅ Shopify
✅PayPal
✅Netflix
✅ Apple
✅Tesla
✅Uber
✅ Meta
✅ AMD
✅Nike
✅Visa
✅IBMand many more. pic.twitter.com/IzvAeaDaEj
– Ondo Finance (@OndoFinance) October 8, 2025
This is to ensure that tokenized assets actually work. This is why:
- Ondo uses Chainlink.
- JP Morgan uses Chainlink.
- And recently… the NYSE chose Chainlink.
1/ Kinexys by JP Morgan (@jpmorgan), Ondo Finance, and @chainlink partner to connect bank settlement infrastructure to Ondo Chain.
Today, we are excited to announce the first transaction on the Ondo Chain testnet – an atomic cross-chain DvP settlement of OUSG. pic.twitter.com/AIiOntgUMz
– Ondo Finance (@OndoFinance) May 14, 2025
Yes, the NYSE now uses Chainlink to enable on-chain trading of US stocks 24/7. And that’s Chainlink’s superpower.
Recent data changes everything
Now let’s talk about recent data, because this is where sentiment really starts to divide.
Ondo: token unlock pressure
- Recently, 1.94 billion ONDO tokens were unlocked.
- More than $80 million in ONDO has been transferred from team and venture-related portfolios.
- The tokens are actively distributed on major exchanges such as Binance, Coinbase, OKX and Kraken.
$ONDO POTENTIAL TEAM UNLOCK ACTIVITY$ONDO Token transfers have begun, potentially linked to unlocking a team
In the last 20 minutes, $3 million in $ONDO has already been distributed to several wallets, some of which have already received tokens
With higher probability,… pic.twitter.com/Fu6frmdIeO– onchainschool.pro (@how2onchain) January 16, 2026
Historically, this type of activity creates selling pressure.And the market reacted: ONDO fell more than 16% in one fell swoop. This does not mean that Ondo is dead, far from it. But this means that the short-term risk is very real.
Chainlink: institutions are accumulating
While ONDO takes care of the unlocking…
Chainlink sees the opposite behavior.
- The top 100 whale wallets are piling up again.
- The Chainlink reserve just added over 82,000 LINK, locking in supply.
- CME launched LINK futures.
- Grayscale and Bitwise launched Chainlink ETPs.
- And above all.
The NYSE now uses Chainlink to enable trading of tokenized US stocks 24/7.
🔗📈 Top 100 Chainlink whales resumed accumulation as the asset fell back below $13. As retail sells off due to impatience and FUD, it’s common to see smart money accumulate more. $LINK to prepare (or provoke) the next pumping. pic.twitter.com/AeOaj6H3xE
–Santiment (@santimentfeed) January 19, 2026
Institutions are not leaving. They position themselves.
Final comparison
Before we conclude, it’s worth zooming out and looking at these two side by side, without bias. Currently, Ondo’s market cap stands at around $1.68 billion, while Chainlink’s is just over $9 billion. Chainlink is therefore already more than five times larger. In terms of price, both have been affected, but not in the same way.
Over the past year:
- Ondo is down about 70%
- Chainlink is down around 47%
This difference matters. This tells us that the market is currently attributing less risk to Chainlink and more uncertainty to Ondo, especially in the short term. And that makes sense. Chainlink is already deeply integrated into the system.
- It’s an infrastructure.
- It is used if the markets are rising or falling.
Bitcoin.
Ethereum.
Chain link.Inevitable. pic.twitter.com/ulEJmPYhcd
– Chainlink (@chainlink) January 16, 2026
Ondo, on the other hand, is still in a construction and demonstration phase. Its rise depends on execution, particularly around tokenized securities and global markets. This doesn’t make Ondo worse. It just does it sooner. From the investor’s point of view, it depends on the profile and patience.
Chainlink offers:
- Ladder
- Longevity
- Institutional validation today
Ondo offers:
- A smaller base
- Larger potential percentage increase
- Higher volatility and higher execution risk
So it’s not really a question of “which one is better”. It’s about knowing what kind of exposure you want.
Do you want infrastructure that all RWA projects need OR someone who is the main potential RWA provider in listed stocks? And depending on your time horizon, both can make sense, but for very different reasons. Tell me in the comments, which one do you choose?


Disclaimer
The information provided by Altcoin Buzz does not constitute financial advice. It is intended for educational, entertainment and informational purposes only. Any opinions or strategies shared are those of the editors/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur as a result of investments related to the information provided. Bitcoin and other cryptocurrencies are high-risk assets; therefore, perform thorough due diligence. Copyright Altcoin Buzz Pte Ltd.



