$BNB

21Shares has filed for an exchange-traded product tracking ONDO, the native token for the Ondo real-world asset platform. The firm submitted its S-1 filing on Tuesday, according to a U.S. Securities and Exchange Commission report .

Ondo Finance is a decentralized finance platform founded in 2021 by former Goldman Sachs associates Nathan Allman and Pinku Suran, focused on tokenizing real-world assets like U.S. Treasury bonds and money market funds.

Ondo is in the orbit of President Donald Trump through the World Liberty Financial DeFi project.