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