PANews reported on December 31 that, according to RWA XYZ data, the market capitalization of Ondo's tokenized silver SLVon has increased by more than 155% to nearly $18 million in 30 days.

It is understood that SLVon is a tokenized version of iShares Silver Trust on the Ondo platform. Token holders can obtain similar economic benefits as those who hold SLV and can reinvest dividends.