Ondo Finance Unveils Chain Launch Plans

Ondo Chain Launches with Wall Street Support and Trump-Linked Investment

• Ondo Finance announced the launch of Ondo Chain, a layer-1 blockchain for tokenizing real-world assets (RWAs).
• The project is backed by major financial institutions including Franklin Templeton, Wellington Management, and Google Cloud.
• A wallet linked to World Liberty Financial, associated with President Trump, purchased $470,000 worth of ONDO tokens.
• The Ethereum-based ONDO token has reached a market cap of $4.3 billion, ranking as the 33rd largest cryptocurrency.
• Donald Trump Jr. is set to speak at the Ondo Summit, highlighting the potential for RWAs in the U.S.

The launch of Ondo Chain marks a significant development in institutional-grade blockchain infrastructure, with substantial backing from both Wall Street giants and Trump-linked entities. A notable investment in ONDO tokens by World Liberty Financial underscores this support.