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Ondo Finance Launches Blockchain for Tokenized Real-World Assets

The new Ondo Chain aims to bridge institutional finance and blockchain, with high-profile backing and a $470K investment from Trump-linked World Liberty Financial.

  • Ondo Finance has introduced Ondo Chain, a layer-1 blockchain designed to tokenize real-world assets (RWAs) and meet institutional compliance standards.
  • The blockchain seeks to merge the transparency of decentralized finance (DeFi) with the protections and liquidity of traditional finance.
  • World Liberty Financial, a DeFi project associated with Donald Trump, purchased $470,000 worth of ONDO tokens and has been accumulating other crypto assets like TRX and WBTC.
  • High-profile firms like Franklin Templeton, Wellington Management, and Google Cloud served as design advisors for the Ethereum-compatible Ondo Chain.
  • The Ondo Summit featured Donald Trump Jr. as a surprise speaker, highlighting the potential for U.S. leadership in tokenized asset innovation.
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