Ondo Finance hires former Invesco, Grayscale exec to expand on-chain portfolio

Real-world asset (RWA) tokenization platform Ondo Finance has hired John Hoffman to diversify its tokenized investment products. Hoffman joins the firm as Managing Director and Head of Product Portfolio. He previously served as a Managing Director at Grayscale, where he led the distribution and partnerships division for the digital asset fund manager. Before that, Hoffman spent nearly 20 years at Invesco, a $2.5 trillion asset management firm, heading its ETF and Index Strategy business for the Americas.