Ondo Finance launched a specialized blockchain platform for tokenizing real-world assets with backing from major financial institutions, while receiving a $470,000 investment from a Trump-linked project and featuring Donald Trump Jr.

World Liberty Financial rebuilt its position of Ondo (ONDO) just as the project announced its new L1 chain for institutional-grade DeFi.

CEO Nathan Allman said that "financial markets are overdue for an upgrade" as tokenization efforts gather steam globally.

Ondo Finance launched its layer 1 blockchain, “Ondo Chain,” which it pinned as purpose-built for institutions looking to tokenize real-world assets.

Ondo Finance is bringing its 2024 vision to life with the launch of Ondo Global Markets (Ondo GM), a real-world asset (RWA) tokenization platform that aims to

Ondo Finance, a leading tokenized real-world asset (RWA) issuer, has unveiled a new offering to accelerate the onboarding of traditional assets to blockchain technology. Ondo on Tuesday introduced Ondo Global Markets (Ondo GM), a platform dedicated to providing onchain access to stocks, bonds, and exchange-traded funds (ETFs).

The ONDO price surge witnessed after Ondo Finance unveiled its Ondo Global Markets (Ondo GM) tokenization platform to bring stocks, bonds, and ETFs onchain has waned. After soaring from a low of $1.08 on February 4 to a high of $1.

Ondo Finance revealed plans to launch a chain for tokenizing real-world assets, with Donald Trump Jr. appearing at its Thursday event.

Ondo Finance said it uses blockchain technology to make institutional-grade financial markets more accessible and transparent.