Ondo Finance has introduced Ondo Chain, a Layer-1 blockchain designed for institutional-grade real-world asset (RWA) tokenization. The launch, which took place during the Ondo Summit, underscores the company’s growing ambition to bridge traditional finance (TradFi) and decentralized finance (DeFi).
Bridging TradFi and DeFi with Ondo Chain
Ondo Chain aims to provide a regulatory-compliant blockchain infrastructure while maintaining the open-access ethos of decentralized finance. The move follows Ondo Global Markets’ announcement just days earlier, further strengthening the firm’s commitment to institutional adoption of RWA tokenization.
Major Financial Firms Back the Project
Ondo Finance has secured support from leading financial institutions to serve as design advisors. These include:
- Franklin Templeton
- Wellington Management
- WisdomTree
The backing of these major players adds credibility and expertise to the project, positioning Ondo Finance as a key player in the emerging onchain securities market.
Investment in ONDO Despite Price Dip
Despite a recent dip in ONDO’s price, World Liberty Financial has invested $470,000 in ONDO tokens, reflecting strong bullish sentiment toward the project’s long-term potential.
The launch of Ondo Chain and Ondo Global Markets (Ondo GM) signals a major step toward the institutional adoption of tokenized assets, reinforcing Ondo Finance’s leadership in the evolving RWA tokenization sector.
