Ondo Finance opens a new RWA tokenization platform to bring stocks, bonds and ETF Onchain
Ondo Finance, a leading tokenized real-world assets (RWA) to provide, has opened a new offer to accelerate the onboarding of traditional properties to blockchain technology.
Onddo on Tuesday introduced the Ondo Global Markets (Ondo GM), a platform dedicated to providing access to onchain on stocks, bonds, and funds exchanged (ETF).
Specific details about which stocks, bonds, and ETFs are available are not yet known. Ondo, with a market cap of over $ 600 million, is the third largest tokenized Treasury Issuer in the world, according to RWA.xyz resource data.
The new offer will help with the so -called Ondo of a broken investment ecosystem characterized by high fees, prevents accessing, fragmentation of the platform locking millions in capital markets and stiffles innovative.
“By seizing blockchain technology, we can bring financial institutional onchain-financial markets, making it easier to access, transparent and efficient,” Ondo said X..
Drawing inspiration from Stablecoin Liquidity, Ondo GM will allow the creation of freely transferred tokens linked to stocks, bonds and ETFs with control controls to determine who can be accessible , buy, or sell tokens.
Ondo’s Inaugural Summit will be held in New York on February 6. The platform has pledged basic announcements each day leading to the event.
