Ondo Finance, a real world assets (RWA), has presented a new offer to accelerate the incorporation of traditional assets into blockchain technology.
Ondo presented on Tuesday Global Markets (Ondo GM), a platform dedicated to providing chain access to actions, bonds and negotiated funds (ETF).
Specific details about what actions, bonds and ETFs will be available yet. Ondo, with a market capitalization of more than $ 600 million, is already the third largest treasury treasury issuer in the world, according to the RWA.XYZ data source.
The new offer will help avoid what Ondo calls a broken investment ecosystem characterized by high rates, restricted access, platform fragmentation that blocks millions of capital markets and suffocates innovation.
“By taking advantage of Blockchain technology, we can bring institutional degree financial markets in the chain, making them more accessible, transparent and efficient,” Ondo said in X.
Inspired by the liquidity of Stablecoin, Ondo GM will allow the creation of transferable tokens freely linked to actions, bonds and ETF with controls in established controls that determine who can access, buy or sell the tokens.
The Ondo Opening Summit will take place in New York on February 6. The platform has promised important ads every day before the event.
