Ondo Finance has integrated over 100 tokenized US stocks and ETFs onto the BNB Chain, expanding its tokenization platform to millions globally, particularly in Asia and Latin America.
This expansion enables broader access to real-world assets, enhancing cross-border investment opportunities via a fast and cost-efficient blockchain environment, while boosting liquidity and visibility on BNB Chain.
Ondo Finance has integrated over 100 tokenized US stocks and ETFs onto the BNB Chain, aiming to expand its reach among non-US users. This move broadens access to real-world assets for millions, especially in Asia and Latin America.
Nathan Allman, CEO of Ondo Finance, emphasized the importance of this integration for expanding access to Web3 markets. The project involves core team members with experience in trading, blockchain, and decentralized finance.
Nathan Allman, CEO, Ondo Finance: “BNB Chain is home to one of the largest and most engaged global user bases in Web3. Expanding Ondo Global Markets to BNB Chain allows us to bring tokenized US stocks and ETFs to millions of users across Asia, Latin America, and other geographies in an environment that is fast, cost-efficient, and highly interoperable.”Source
Integration Boosts BNB Chain’s Global Reach
Ondo Finance has integrated over 100 tokenized US stocks and ETFs onto the BNB Chain, aiming to expand its reach among non-US users. This move broadens access to real-world assets for millions, especially in Asia and Latin America.
Nathan Allman, CEO of Ondo Finance, emphasized the importance of this integration for expanding access to Web3 markets. The project involves core team members with experience in trading, blockchain, and decentralized finance.
Nathan Allman, CEO, Ondo Finance: “BNB Chain is home to one of the largest and most engaged global user bases in Web3. Expanding Ondo Global Markets to BNB Chain allows us to bring tokenized US stocks and ETFs to millions of users across Asia, Latin America, and other geographies in an environment that is fast, cost-efficient, and highly interoperable.”Source
Liquidity Surges with $1.83 Billion Valuation
The expansion to BNB Chain has increased liquidity and visibility for tokenized real-world assets. Ondo Finance’s market involvement has grown significantly, with a $1.83 billion valuation and active trading on PancakeSwap for these assets.
The tokenization effort is expected to enhance financial opportunities within the crypto sphere. Ondo’s recent moves suggest potential increases in decentralized finance activity, backed by a large user base on BNB Chain.
Ondo Finance’s Tokenization Outpaces Rivals
Similar tokenization efforts, like Franklin Templeton’s US Treasuries initiative, laid groundwork for RWAs. Ondo Finance’s current integration on BNB surpasses past attempts by giving direct access to tokenized US stocks and ETFs.
Experts from Kanalcoin state that regulatory focus will likely intensify as Ondo Finance’s tokenization gains traction. Historical trends indicate non-US markets, like Asia and Latin America, may drive higher adoption rates following this move.
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