- Ondo Finance introduced the brand new layer 1 Ondo Chain at its blockchain tournament in New York on Feb. 6.
- The onchain finance platform says the L1 goals institutional adoption of tokenized real-world belongings.
Ondo Finance, a number one institutional-grade finance platform, has introduced the release of Ondo Chain, a brand new layer 1 blockchain community centered for institutional adoption of tokenized real-world belongings.
This newest Ondo Finance information comes because the local token ONDO surged in fresh months amid RWA marketplace enlargement. Previous on February 6, 2025, Donald Trump-backed International Liberty Monetary scooped extra ONDO so as to add to its crypto haul.
Lookonchain shared the International Liberty ONDO acquire on X.
Ondo Finance’s new L1 chain for tokenized belongings onchain
Consistent with a press release, Ondo targets to boost up adoption of institutional-grade monetary markets with onchain choices on Ondo Chain. The L1 is constructed to convey a platform that mixes safety and compliance to advance the tokenized RWA marketplace.
“Ondo Chain is designed to fulfill the easiest institutional requirements whilst last open for builders and innovators,” Nathan Allman, CEO of Ondo Finance, stated. “It tightly {couples} onchain and offchain infrastructure, lowering value, bettering safety, and in the long run enabling a greater consumer enjoy. For those causes, we await Ondo Chain changing into the hub for the DeFi ecosystem targeted on tokenized belongings.”
1/ Lately, we’re overjoyed to announce Ondo Chain, our new Layer 1 blockchain purpose-built for institutional-grade RWAs.
Design advisors for the chain come with new individuals of the Ondo Ecosystem: Franklin Templeton, Wellington Control, WisdomTree, Google Cloud, ABN Amro, Aon,… percent.twitter.com/a35GHB7OFW
— Ondo Finance (@OndoFinance) February 6, 2025
In addition to Ondo Chain, the summit noticed the Ondo Finance crew supply key updates to its different infrastructure product – the Ondo International Markets. Ondo GM is a tokenization platform aimed toward bringing publicly-traded securities onchain.
Ondo introduced the brand new L1’s as a part of its Wall Side road 2.0 replace at Ondo Summit 2025. The development, the primary for the blockchain community, has attracted a number of primary crypto and blockchain business gamers.
Ripple, Chainlink, Blockdaemon, and Uniswap all have executives and representatives on the Ondo Summit tournament in New York Town. The summit has additionally noticed the involvement of asset managers Franklin Templeton, Wellington Control and WisdomTree amongst others.