๐จ ONDO: Quietly Powering the RWA Revolution? ๐จ
$ONDO is making moves โ and this time, itโs not just another hype cycle. Hereโs whatโs actually happening โฌ๏ธ
๐ Real Integration with BlackRock
In March 2024, Ondo Finance moved ~$95M in backing assets for its OUSG token into BlackRockโs tokenized U.S. Treasury fund (BUIDL) โ enabling 24/7 instant settlement ๐๐ธ
๐ Why it matters:
โ Traditional U.S. Treasury ETFs operate during market hours & settle in 2 days (T+2)
โ With BUIDL, OUSG holders can now mint/redeem around the clock โ a huge leap for the Real-World Asset (RWA) sector ๐ฆ๐
๐๏ธ Key Highlights:
โ First crypto-native platform to plug into BlackRockโs on-chain fund
โ Backed by real U.S. Treasuries
โ Unlocks DeFi-native treasury access for institutions and protocols
๐ค Partnership Power
While BlackRock integration is confirmed, Ondo is also reportedly working with major players like Coinbase and Pantera, who jointly announced a $250M RWA fund to support tokenized finance initiatives.
๐ Whatโs the takeaway?
Ondo isnโt just riding a price pump โ itโs building infrastructure that bridges TradFi and DeFi with real-world, tokenized assets.
๐ Watch this space โ ONDO could be a core player in the RWA wave unfolding.
โ ๏ธ Disclaimer:
This post is for informational purposes only and does not constitute financial advice. Crypto investments are volatile and risky โ always do your own research (DYOR) before investing. ๐๐ผ
