Ondo Finance announces a new L1 network for RWAS
Ondo Finance announces a new L1 network for RWAS
- ondo Finance announced the new Ondo chain from Layer 1 on her blockchain event in New York on February 6th.
- According to the Onchain Finance platform, the L1 is aimed at the institutional introduction of tokenized real assets.
ondo finance, a leading financial platform for institutional quality, has announced the start of Ondo Chain, a new blockchain network from Layer 1, which aims at the institutional introduction of tokenized real assets.
These latest Ondo finance messages come when the local token ondo has appeared in the middle of the RWA market growth in the past few months. At the beginning of February 6, 2025, Donald Trump-supported world Liberty Financial was looking for more Ondo to expand his crypto train.
Lookonchain shared the purchase of the world liberty and
The new L1 chain from Ondo Finance for tokenized assets onchain
Pro an Announcement Ondo strives to accelerate the introduction of financial markets in institutional quality with onchain offers on the Ondo chain. The L1 is developed to bring a platform that combines security and conformity to promote the tokenized RWA market.
"The Ondo chain is designed in such a way that it corresponds to the highest institutional standards and at the same time remains open to developers and innovators," said Nathan Allman, CEO of Ondo Finance. "It is closely in the infrastructure and the offchain infrastructure that reduces costs, improves security and ultimately enables better user experience. For these reasons, we assume that the Ondo chain for the defi ecosystem will become a hub that focuses on token -ized assets."
1/ today we are enthusiastic to announce the ondo chain, our new blockchain blockchain blockchain for institutional rwas.
The design consultants for the chain include new members of the Ondo -Ekosystems: Franklin Templeton, Wellington Management, Wisdomtree, Google Cloud, ABN Amro, Aon, ... pic.twitter.com/a35ghb7ofw
- Ondo finance (@ondofinance) 6. February 2025
In addition to the Ondo chain, the Summit delivered the ONDO finance team important updates for the other infrastructure product -the Ondo Global Markets. Ondo GM is a tokenization platform that aims to bring public securities.
ondo announced the new L1 as part of its update from Wall Street 2.0 on the Ondo Summit 2025. The event, the first for the Blockchain network, has attracted several important players in the crypto and blockchain industry.
ripple, chainlink, blockdaemon and uniswap have all managers and representatives of the Ondo Summit event in New York City. The summit also found the participation of the asset managers Franklin Templeton, Wellington Management and Wisdomtree.
Source: Coinlist.me
Kommentare (0)