Ondo Finance Launches Ondo Chain and Global Markets Platform
- Ondo Finance introduced a new Layer 1 blockchain, Ondo Chain, to enhance institutional-grade financial markets onchain.
- Franklin Templeton, Wellington Management, and WisdomTree will advise on the design of Ondo Chain.
- The blockchain combines permissioned security with public chain accessibility.
- Ondo Global Markets platform offers onchain exposure to over 1,000 NYSE- and Nasdaq-listed securities.
- Total value locked in Ondo Finance exceeds $653 million.
Ondo Finance has launched the Ondo Chain blockchain to integrate secure institutional features with public access. Additionally, the new Ondo Global Markets platform allows tokenized exposure to various securities, enhancing its current $653 million total value locked.
Source (2.6)https://www.theblock.co/post/339113/ondo-finance-expands-onchain-offerings-with-new-layer-1-blockchain
