Ondo Finance Will Tokenize Traditional Equities
Ondo Global Markets aims to revolutionize tokenization, merging blockchain with traditional securities for seamless trading and settlement.
The Deets
- Revolutionary Approach: Directive Tokenization for efficient asset management
- Wide Asset Coverage: Almost all financial assets including publicly traded equities
- Seamless Integration: Smart contracts for traditional market operations
- Enhanced Liquidity: Immediate access to public securities markets
The Bulk
The tokenization of real-world assets (RWAs) is an emerging trend in web3, but according to Ondo Finance faces a major hurdle with liquidity.
After pioneering the tokenization of US Treasuries with OUSG, Ondo now launches Ondo Global Markets (Ondo GM), a platform designed to seamlessly merge the blockchain with traditional securities. This innovative approach, known as Directive Tokenization, treats blockchain tokens as a system for submitting trade and settlement instructions to regulated entities, such as broker-dealers and custodians, rather than creating separate financial assets. This method aims to maintain liquidity and simplify the trading and settlement process, offering a direct pathway to traditional securities markets for blockchain investors and developers.
❗️Why It Matters
The launch of Ondo GM represents a significant leap forward in the evolution of asset tokenization. The idea of bringing traditional equities onchain is not a new one, but execution and adoption has left a lot to be desired.
🎤 Platform Prose
Ondo Global Markets (“Ondo GM”) will provide native access to traditional securities and associated exchange liquidity for onchain investors and protocol developers.Ondo
🔜 What's Next?
Ondo Global Markets is set to expand its offerings, including a broader range of tokenized securities and enhanced features for smart contract integration.
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