Ondo price

Yesterday, Ondo Global Markets went live. Seeing that KYC in China has been banned, I was actually quite disappointed. After all, the core user market is directly blocked at the door. Later, I found that aggregators and wallets connected through the API can actually buy directly, and I instantly felt the team was very capable. As for Ondo's stock tokenization plan, it's better described as "stock buying" rather than "tokenization": 1⃣ The product experience is no different from Swap, with no order book. 2⃣ Liquidity mirrors Nasdaq, with quotes coming from market makers. 3⃣ Buy = mint, sell = redeem, with no involvement in the delivery of the underlying stock. From this perspective, Ondo is essentially distributing stocks to on-chain users (mainly non-U.S., especially clients in East Asia), allowing users to gain exposure to U.S. stocks without needing to withdraw funds. A pioneer of a similar model is Robinhood, but it currently only allows U.S. users, and the main demand from East Asia is not being captured. The so-called 24/7 liquidity is actually just unrestricted token transfers; after transferring out, you can find counterparties on other DEX/OTC. Its own trading hours are exactly the same as U.S. stocks, so there won't be market makers passively taking on unnecessary exposure during non-trading hours. Additionally, Ondo is also the first to clearly tell users: Tokenized stocks ≠ underlying stocks. Tokenized stocks do not have voting and governance rights; they are merely an index tracking "holding stocks and reinvesting dividends" total return, reflecting the price performance chart "before the ex-dividend date." As for whether this plan is the optimal solution for tokenization, I think it doesn't matter. What's important is to let everyone buy first and see if there really is that much customer demand when liquidity is not an issue. Product development requires launching to validate, and then considering iterations. From this perspective, Ondo's stock buying is already the most pragmatic.

Honey, have you heard? Ondo @OndoFinance, which has been performing very well recently, is officially launched Ondo Wall Street 2.0! This time it's really amazing, not just tokenizing stocks, there's more Ondo is like moving traditional Wall Street to the chain, allowing us to speculate in the currency circle Let's take a look at the details! 💎 To put it simply, Ondo Wall Street 2.0 supports hundreds of US stock tokens in the first phase and will gradually expand to more stocks In addition to stocks, even ETFs are online this time Even, there may be several times the long and several times the short type of derivative ETFs in the future, and the official will slowly update them Most specially, Ondo completely breaks the time constraints of traditional markets You can trade 24/7 without waiting for the US stock market to open or worry about the market closing It is very suitable for Web3 users who are accustomed to the fast pace 💎 Another highlight is that liquidity and security are solid Ondo's stock token is directly connected to the liquidity of traditional exchanges At the same time, U.S. stock brokerages also provide clearing and custody services Unlike some platforms, which rely on a fragmented, limited secondary market This is super reassuring for me and will also make the trading experience of the entire platform smoother! 💎 It is worth mentioning that Ondo Wall Street 2.0 was launched on Ethereum for the first time This is also a particularly meaningful milestone for ETH's 10th anniversary The official also plans to expand to more public chains in the future In other words, no matter which ecosystem you usually like to play, you can use this platform 💎 To add that @OndoFinance is backed by large funds such as Pantera and Founders Fund as lead investors Not only financial support, but also professional investment and traditional financial resources, they are also staunch supporters of the narrative of "everything can be put on the chain" Ondo was able to achieve this scale this time without their support If you're like me and interested in coin and stock integration, you can check out Ondo's official website, which has a lot of complete information: The outlet of this wave of stock-currency integration has arrived, and I feel that Ondo Wall Street 2.0 is not just a trading tool, but more like a new generation of capital market! This article is in collaboration 🤝 with Ondo @OndoFinance

Wall Street 2.0 is officially launched!! This time, @OndoFinance has moved "stocks" to Ethereum, and hundreds of tokenized stocks can be traded as soon as they are launched, and will expand to thousands by the end of the year. You know, this is the first stock tokenization platform of this scale and liquidity. It is conceivable that users will no longer be subject to the opening time, no need to switch apps, wait for brokerage settlement, and have no regional restrictions and financial barriers. On Ondo, you can trade global stock assets 24/7→ instantly, freely, and without borders. The most powerful thing is that the liquidity behind it will directly connect with the liquidity of traditional exchanges, which is the first project among all platforms to do this, directly reducing dimensionality to hit this track. And for the entire crypto community, this matter has another meaning: this is an important milestone handed over by Ondo on the occasion of Ethereum's 10th anniversary. From RWAs to Global Markets, from Treasury bonds to stocks, they have brought real-world assets to the chain step by step, and now they are really starting to move Wall Street's turf. Writing here, I really lament that Terra was born at the wrong time. Ondo is a team that has been continuously implementing in the direction of RWA and has always been at the forefront of the industry, and they have proven themselves once when they were doing RWA before. And this time, the gun is aimed at the traditional stock market. Bullish！