Ondo Finance announces the launch of Ondo Chain
#OndoFinance unveils #OndoChain , its new #Layer1 blockchain, designed to fast-track the development of institutional-grade financial markets onchain. Ondo Chain will integrate the security and compliance features of permissioned blockchains commonly used by financial institutions with the openness and accessibility of public chains like #Ethereum.
Permissioned validators will authenticate transactions and maintain accurate, real-time data, including asset prices and token backing. Additional capabilities include staking tokenized real-world assets for network security and native omnichain bridging to enable seamless asset transfers between Ondo Chain and other supported networks. Moreover, today, #WorldLibertyFinancial acquired 342,001 $ONDO for $461,701 through #CoWProtocol.
👉 x.com/OndoFinance/status/1887522597480337672