Ondo Finance Targets Institutional Investors with New Chain
- Ondo Finance launched Ondo Chain, a blockchain built for secure, regulated trading of tokenized RWAs.
- Ondo Chain uses a permissioned system and cross-chain bridges, aiming for institutional compliance.
- The ONDO token saw price swings, and a big buy from a DeFi protocol linked to an investment group.
New York-based Ondo Finance has introduced Ondo Chain, a layer-1 blockchain network designed specifically for tokenized real-world assets (RWAs).
Announced at the Ondo Summit, this initiative aims to bridge institutional finance with blockchain technology, tackling compliance, security, and liquidity challenges faced by traditional markets.
Ondo Chain: Permissioned and Secure
Ondo Chain is tailored to facilitate secure, regulated financial transactions by using a permissioned validator system. This means that unlike public blockchains, where anyone can participate in validating transactions, Ondo Chain only allows approved entities to do so. This helps with meeting regulations.
Unlike traditional public blockchains, which often struggle with cross-chain liquidity fragmentation and compliance concerns, Ondo Chain integrates institutional-grade security…
The post Ondo Finance Targets Institutional Investors with New Chain appeared first on Coin Edition.
Read More
TRON’s JST Token Set for Explosive Growth: Is It the Next AAVE or MKR?
Nexo Brings Instant Crypto Loans and Savings Products Back to U.S. Users
Ondo Finance Targets Institutional Investors with New Chain
- Ondo Finance launched Ondo Chain, a blockchain built for secure, regulated trading of tokenized RWAs.
- Ondo Chain uses a permissioned system and cross-chain bridges, aiming for institutional compliance.
- The ONDO token saw price swings, and a big buy from a DeFi protocol linked to an investment group.
New York-based Ondo Finance has introduced Ondo Chain, a layer-1 blockchain network designed specifically for tokenized real-world assets (RWAs).
Announced at the Ondo Summit, this initiative aims to bridge institutional finance with blockchain technology, tackling compliance, security, and liquidity challenges faced by traditional markets.
Ondo Chain: Permissioned and Secure
Ondo Chain is tailored to facilitate secure, regulated financial transactions by using a permissioned validator system. This means that unlike public blockchains, where anyone can participate in validating transactions, Ondo Chain only allows approved entities to do so. This helps with meeting regulations.
Unlike traditional public blockchains, which often struggle with cross-chain liquidity fragmentation and compliance concerns, Ondo Chain integrates institutional-grade security…
The post Ondo Finance Targets Institutional Investors with New Chain appeared first on Coin Edition.
Read More
TRON’s JST Token Set for Explosive Growth: Is It the Next AAVE or MKR?