Ondo Finance has launched Ondo International Markets (Ondo GM), a platform designed to deliver real-world property (RWAs) akin to shares, bonds, and exchange-traded funds (ETFs) onto the blockchain.
In keeping with a Feb. 4 assertion, this transfer gives international entry to US securities by enabling buyers exterior the US to achieve publicity by means of tokenized representations of those property.
It said:
“With Ondo GM, anybody exterior the US in eligible geographies can get publicity to 1000’s of US securities—AAPL, TSLA, SPY, QQQ, and so forth.—with minimal charges utilizing stablecoins, eradicating conventional value and geographic limitations.”
The corporate mentioned that the token issued by means of Ondo GM maintains a 1:1 backing with its underlying safety, making certain legitimacy and transparency. It famous that these tokens operate equally to stablecoins, facilitating seamless transfers throughout blockchain networks past US borders.
Ondo furthered that buyers profit from immediate minting and redemption, enhanced liquidity, and built-in entry to on-chain monetary companies, together with lending, buying and selling, and yield-generation alternatives.
Ondo added:
“Ondo GM will propel monetary markets into the open economic system, returning energy to stakeholders to make their very own selections and compete on a stage taking part in discipline, whereas addressing challenges like excessive charges, restricted availability, and switch frictions.”
To assist broader adoption, Ondo GM gives complete APIs that allow brokers, asset issuers, and fintech platforms to combine tokenized property into their programs. Moreover, a authorized framework ensures investor safety, safeguarding property with a structured method that minimizes threat.
RWA sector surges
Ondo’s transfer comes because the RWA sector has skilled exceptional progress, reaching an all-time excessive of $16.88 billion in on-chain worth.
Knowledge from RWA.xyz reveals a 94% improve over the previous 12 months, with practically $4 billion added within the final three months alone. There at the moment are 83,049 entities holding RWAs, collectively managing property issued by 112 suppliers.
Non-public credit score leads the market with $11.6 billion in tokenized worth, adopted by US Treasury debt ($3.5 billion) and commodities ($1.1 billion). Institutional funds characterize a smaller portion, valued at round $410 million.
In the meantime, Ethereum stays the dominant blockchain for RWAs, internet hosting 67 asset tokens, whereas zkSync (28) and Arbitrum (20) observe intently.
The surge in RWA adoption aligns with rising curiosity from conventional monetary establishments. Conventional monetary establishments like BlackRock and Franklin Templeton have deepened their involvement in tokenized finance, signaling a shift towards blockchain-powered funding options.
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