- Ondo Finance introduced its new Layer 1 Ondo chain at a blockchain occasion held in New York on February sixth.
- The Onchain Finance platform says that L1 targets institutional adoption of tokenized real-world property.
Ondo Finance, a number one institution-grade monetary platform, has introduced the launch of Ondo Chain, a brand new layer-1 blockchain community aimed toward institutional adoption of tokenized real-world property.
This newest Ondo Finance Information comes as native token Ondo has surged over the previous few months amid the expansion of the RWA market. On February 6, 2025, Donald Trump-backed World Liberty Monetary scooped out extra ondos so as to add to crypto hauling.
LookonChain shared a purchase order of the world’s Liberty Ondo on X.
OnChain New L1 Chain of Tokenized Belongings in Ondo Finance
In accordance with the announcement, Ondo is aiming to speed up adoption of facility-grade monetary markets with Onchain’s providing within the Ondo chain. L1 is constructed to supply a platform that mixes safety and compliance to advance the tokenized RWA market.
“Ondo Chain is designed to fulfill the very best institutional requirements whereas nonetheless being open for builders and innovators,” mentioned Nathan Allman, CEO of Ondo Finance. “It combines on-chain and off-chain infrastructure tightly, decreasing prices, enhancing safety and in the end enhancing person expertise. For these causes, Ondo chains are in a position to present tokenized property. We count on it to turn out to be a hub for the central Defi ecosystem.”
1/At this time we’re excited to announce Ondo Chain, a brand new layer 1 blockchain devoted to the facility-grade RWA.
The chain’s design advisors embrace new members of the Ondo ecosystem: Franklin Templeton, Wellington Administration, Wisdomtree, Google Cloud, Abn Amro, Aon,… pic.twitter.com/a35ghb7ofw
– Ondo Finance (@ondofinance) February 6, 2025
Just like the Ondo chain, the Ondo Finance staff was offering vital updates to different infrastructure merchandise, Ondo World Markets. Ondo GM is a tokenization platform aimed toward on-chaining publicly out there securities.
Ondo has introduced the brand new L1 as a part of the Wall Avenue 2.0 replace at Ondo Summit 2025. The primary occasion of the blockchain community introduced collectively a number of main crypto and blockchain trade gamers.
Ripple, ChainLink, BlockDaemon and Uniswap all have executives and representatives on the Ondo Summit occasion in New York Metropolis. The summit additionally noticed the involvement of asset managers Franklin Templeton, Wellington Administration, and Knowledge Tree.
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