Ondo Finance just dropped the kind of clip that makes RWA degens wake up their group chats at 3 a.m.
In a CNBC interview filmed at Pebble Beach, Citi CEO Jane Fraser was asked how banks actually serve clients who want to move money around the world instantly, safely, 24/7/365, without the usual friction and complexity.
Her answer was straight fire:
“That's what tokenization does. Tokenization digitizes entire markets.”
She didn't hedge. She didn't say “we're exploring” or “piloting.” She flat-out said tokenization is the superior way to move value globally — and Citi is actively building it for clients right now.
Ondo Finance, obviously smelling blood in the water, clipped the money quote and posted it with the caption:
“Tokenization digitizes entire markets.”
Jane Fraser, CEO of Citi, a $2.64 trillion bank, on why tokenization is a better way to move value globally.The largest institutions in the world are preparing for an onchain future.
That's not marketing copy. That's the CEO of one of the biggest banks on earth validating the exact thesis that Ondo, BlackRock, Franklin Templeton, Securitize, Centrifuge, and the rest of the RWA ecosystem have been building on for years.
When a $2.64 trillion bank says tokenization solves the real pain point (slow, expensive, 9-to-5-only cross-border payments), the message to every other bank is crystal clear: adapt or become Blockbuster.
Citi isn't just talking either — they’ve already launched Citi Token Services, integrated it into their treasury operations, expanded it beyond pilots in Hong Kong and Singapore, and are now running it live with institutional clients.
Translation: the TradFi dam is cracking, and the water is about to rush straight into onchain tokenized treasuries, private credit, bonds, and real estate — exactly the markets Ondo dominates with OUSG, USDY, and their institutional pipelines.
This is the same narrative that sent $ONDO parabolic earlier this year when BlackRock's BUIDL fund hit $500M+ AUM in weeks. Except now it's not just asset managers — it's the banks themselves saying the quiet part out loud.
The biggest institutions aren't “looking at” tokenization anymore.
They’re deploying it.
And when that happens, the tokens that provide the rails (and the yield) are the ones that eat.
Watch the full clip here: https://x.com/OndoFinance/status/1991534871303581747
The onchain future isn't coming.
It's already being built by the same people who used to say it was impossible.