- Ondo Finance introduced the brand new layer 1 Ondo Chain at its blockchain match in Fresh York on February 6
- The onchain finance platform says the L1 targets institutional adoption of tokenized staunch-world resources (RWAs)
Ondo Finance, a leading institutional-grade finance platform, has introduced the initiating of Ondo Chain, a brand new layer 1 blockchain network centered for institutional adoption of tokenized staunch-world resources (RWAs).
This most standard Ondo Finance news comes because the native token ONDO surged in contemporary months amid RWA market development. Earlier on February 6, 2025, US President Donald Trump-backed World Liberty Monetary scooped extra ONDO so that you would possibly want to add to its crypto haul.
Lookonchain shared the World Liberty ONDO aquire on X.
Ondo Finance’s new L1 chain for tokenized resources onchain
Per an announcement, Ondo goals to tempo up adoption of institutional-grade financial markets with onchain offerings on Ondo Chain. The L1 is constructed to raise a platform that combines security and compliance to strategy the tokenized RWA market.
“Ondo Chain is designed to fulfill the best institutional standards while remaining launch for builders and innovators,” acknowledged Nathan Allman, CEO of Ondo Finance. “It tightly couples onchain and offchain infrastructure, reducing fee, bettering security, and finally enabling a bigger client skills. For these reasons, we wait for Ondo Chain becoming the hub for the DeFi ecosystem centered on tokenized resources.”
1/ On the present time, we’re thrilled to state Ondo Chain, our new Layer 1 blockchain motive-constructed for institutional-grade RWAs.
Form advisors for the chain consist of new participants of the Ondo Ecosystem: Franklin Templeton, Wellington Management, WisdomTree, Google Cloud, ABN Amro, Aon,… pic.twitter.com/a35GHB7OFW
— Ondo Finance (@OndoFinance) February 6, 2025
As properly as Ondo Chain, the summit noticed the Ondo Finance workforce present key updates to its diversified infrastructure product – the Ondo Global Markets. Ondo GM is a tokenization platform geared in direction of bringing publicly-traded securities onchain.
Ondo introduced the brand new L1’s as phase of its Wall Boulevard 2.0 update at Ondo Summit 2025. The match, the first for the blockchain network, has attracted several major crypto and blockchain commerce gamers.
Ripple, Chainlink, Blockdaemon, and Uniswap all get executives and representatives on the Ondo Summit match in Fresh York Metropolis. The summit has additionally seen the involvement of asset managers Franklin Templeton, Wellington Management, and WisdomTree amongst others.
