Ondo Chain Launches to Advance Onchain Finance
Ondo Finance has announced the launch of Ondo Chain, a Layer 1 blockchain designed to facilitate institutional-grade financial markets onchain. The network aims to blend the compliance of permissioned blockchains with the openness of public chains like Ethereum.Institutional Advisors Support Ondo Chain Design
Leading financial firms, including Franklin Templeton, Wellington Management, and WisdomTree, will advise on the network’s design. The blockchain will feature permissioned validators to ensure regulatory compliance while maintaining accessibility for developers and investors.Seamless Integration With Ondo Global Markets
Ondo Chain will work alongside Ondo Global Markets, a platform launched earlier this week that provides tokenized exposure to over 1,000 U.S. stocks, ETFs, and bonds. The combined ecosystem aims to bring greater efficiency and transparency to financial markets.Growing Institutional Adoption of Tokenization
With over $653 million in total value locked, Ondo Finance is expanding rapidly as institutional demand for tokenized assets grows. Its new blockchain marks a significant step toward mainstream adoption of onchain securities trading.
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