$ONDO is the native governance and utility token of Ondo Finance, a decentralized finance (DeFi) protocol that bridges traditional finance (TradFi) and blockchain technology. Launched in 2021, Ondo Finance focuses on tokenizing real-world assets (RWAs) such as U.S. Treasuries, bonds, and money market funds, making institutional-grade financial products accessible to a global audience. The ONDO token serves as the governance token for the Ondo DAO (Decentralized Autonomous Organization), allowing holders to vote on protocol upgrades and manage ecosystems like Flux Finance, a decentralized lending platform.
Ondo Finance aims to enhance financial inclusivity by combining the transparency and efficiency of DeFi with the reliability of traditional financial instruments, transforming how investors interact with stable assets.
