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Ondo Finance (ONDO) Crypto Overview: Tokenized Real World AssetsBlockchain-based asset-management firm Superstate debuted its first tokenized U.S. Treasury fund offering on the Ethereum (ETH) blockchain, the. Fund tokenization is a process of creating a digital asset (token) to represent digital asset securities, i.e., tokenized limited partnership (�LP�) interest. Tokenized funds invested in government securities and issued on public blockchains exceed $m.