Ondo Finance and Pantera Capital Invest $250M in Tokenized Real-World Assets
- Ondo Finance and venture firm Pantera Capital are investing $250 million in real-world assets (RWAs) through the Ondo Catalyst fund.
- The investment will acquire equity stakes and tokens in emerging projects, reflecting a growing trend in tokenization.
- The tokenized RWA market has grown by approximately 380% since last year, reaching $24 billion as of June, excluding stablecoins.
- Digital brokerage firm Robinhood launched a new layer-2 blockchain for trading tokenized US stocks and ETFs for European clients.
- Crypto exchange Coinbase is seeking regulatory approval to offer tokenized equities to compete with platforms like Robinhood.
Ondo Finance’s strategic move into onchain finance includes forming a Global Markets Alliance to promote blockchain-based capital markets adoption. The significant growth of the tokenized RWA market underscores the increasing interest and investment in this sector, driven by both industry leaders and favorable regulatory developments.
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