Ondo Finance’s New Blockchain Targets Bridging TradFi and DeFi

At the Ondo Summit, Ondo Finance introduced its Layer-1 blockchain, Ondo Chain, aiming to address the challenges of tokenizing Real World Assets (RWAs).

The launch comes shortly after the unveiling of Ondo Global Markets, signaling the company’s goal to merge traditional finance with decentralized systems.

Backed by major firms like Franklin Templeton and WisdomTree, Ondo Chain seeks to tackle issues like high fees and regulatory concerns while enhancing security. Validators will stake RWAs instead of volatile tokens, attracting institutional interest.

A surprise appearance by Donald Trump Jr. highlighted the growing political significance of digital assets. His family’s DeFi project, World Liberty Financial, purchased a large amount of ONDO tokens, reflecting confidence in the platform’s future.

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Ondo’s broader strategy includes plans to tokenize U.S. Treasury funds on the XRP Ledger, aiming to expand RWA adoption across multiple blockchains. As the RWA market nears $17 billion, Ondo Finance is positioning itself as a major player in the space.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.