Good News from Asia's Giant Stock Exchange for Coin Base Supported Altcoin
Up,bit, South Korea's largest cryptocurrency exchange, is adding another altcoin to its platform.
According to the statement made by Up,bit today, users will be able to buy and sell with Ondo Finance's ONDO token.
Entering the South Korean market
According to CoinGecko data, Upbit is the country's largest cryptocurrency exchange with a transaction volume of $878 million in the last 24 hours.
Up,bit will list Ethereum-based Ondo Finance on the exchange with Korean won, Bitcoin and Tether (USDT) pairs.
The stock exchange made the listing announcement at 06:00 Türkiye time. According to CoinGecko data, ONDO price increased from $ 1.25 to $ 1.35 with the announcement of the stock exchange.
Up,bit has started to list more cryptocurrencies on the stock exchange recently, thanks to the regulations in the country. Up,bit's recently listed AUCTION and STG tokens gained 75.56% and 77% respectively.
Ondo Finance is growing
Ondo Finance works in the field of tokenization of real world assets (RWA).
ONDO Finance has two main products: USDY and OUSG. USDY provides returns denominated in US dollars, while OUSG provides investors with exposure to US bonds through an ETF.
Ondo Finance received a $20 million investment in 2022 from a group of investors including Founders Fund, Pantera Capital and Coin base Ventures.
Stay tuned for new information