ONDO and QNT Spark Rally in Real-World Asset Tokenization

The Real-World Asset (RWA) tokenization sector is experiencing significant growth, led by double-digit gains in Ondo Finance (ONDO) and Quant (QNT). Both tokens are benefiting from institutional developments that are moving RWA tokenization beyond the proof-of-concept stage. ONDO's market capitalization has risen to about $2.7 billion, with 24-hour trading volume reaching approximately $1.247 billion.

ONDO is gaining on the September 24 launch of Ondo Intelligent Portfolios, which introduced three single token products based on model portfolio strategies developed by BlackRock for Ondo. These tokens provide eligible non-U.S. investors with on-chain access to diversified baskets of assets, driving a multi-fold increase in trading volume.

QNT is also leading the RWA rally, up 38.2% over the past 24 hours, with its market cap rising to approximately $1.497 billion and 24-hour trading volume reaching around $73 million. The catalyst for QNT's growth is its selection by The Clearing House to power its On-Chain Money Initiative.

The recent developments in ONDO and QNT reflect a general trend in the RWA space, transitioning from prototype applications to actual products and infrastructure. As of late September 2026, the on-chain tokenized RWA market is in the $34-46 billion range and has grown by approximately 40-85% over the past year.