ONDO Price Skyrockets As Over 100 Tokenized Assets And ETFs Are Set For Ether...
Ondo Finance, a Layer 1 (L1) blockchain protocol, has recently announced the launch of Ondo Global Markets, designed to enable non-US investors to access over 100 tokenized US stocks and exchange-traded funds (ETFs) on the Ethereum (ETH) blockchain. Following this announcement, the price of Ondo’s native token, ONDO, surged over 6% close to the $1 mark after opening the week at $0.86, aligned with the broader crypto market’s correction. Founder Calls Ondo Global Markets A ‘Breakthrough’ According to the protocol’s press release, Ondo Global Markets aims to provide one....
Related News
DeFi platform Ondo Finance has unveiled its integration with the BNB Chain to bring more than 100 tokenized stocks and exchange-traded funds (ETFs) to the network’s millions of daily active users. Related Reading: French Lawmakers Propose National Bitcoin Reserve Bill To Hold 2% Of BTC’s Supply Ondo Finance Expands To BNB Chain On Wednesday, Ondo […]
Ondo Finance (ONDO) has risen as one of the top performers in the market this week, surging 20% to trade around $1.10. The rally comes as demand for real-world asset (RWA) tokenization accelerates, pushing Ondo’s TVL to record highs. Related Reading: Cardano Is Not Dead: Analyst Confirms Breakout With New ADA Price Targets The recently launched Ondo Global Markets platform has been a major growth driver, attracting over $160 million in assets within days. The service enables investors to access tokenized versions of more than 100 stocks and ETFs, including Tesla, Nvidia, and Google. By....
Quick Facts: ➡️ Ondo Finance poured $25M into Figure Technology Solutions-issued YLDS stablecoin. This expands a portfolio already containing assets from BlackRock, Fidelity, and Franklin Templeton, among others. ➡️ While this is bullish news for RWA tokens, the momentum could trickle into more utility-backed altcoins next. ➡️ Ripple’s $XRP offers 3-5 second settlement and low […]
The US Securities and Exchange Commission (SEC) concluded its Biden-era probe into DeFi platform Ondo Finance, and whether its tokenized products complied with federal securities laws, without any charges, following the Trump administration’s pro-industry approach and focus on tokenization. Related Reading: Trump’s New Security Strategy Leaves Crypto And Blockchain Out Case Closes: SEC Ends Ondo […]
Ondo Finance (ONDO) has been experiencing heavy selling pressure and heightened volatility, as the broader crypto market continues its downward trend. Since the start of March, ONDO has lost over 40% of its value, reflecting the overall risk-off sentiment in the market. With fear dominating price action, analysts are warning of further declines as investors remain hesitant to re-enter long positions. Related Reading: Bitcoin Drops Below 200-Day MA – Next Key Support Lies At $66K According To Mayer Multiple Despite the ongoing downtrend, on-chain data from Glassnode reveals a notable shift....