Tokanakaran Platform Ondo Finance
And Digital Asset Investment firm Pantera Capital has worked together to invest $ 250 million in real -world property (RWA) Projects are intensifying as a red-hot tokening trend.
The initiative, named Ondo Cattelist, objectives as per Thursday, to invest in protocols and infrastructure projects enhancing the development of tokens finance and on-chain capital markets. blog post By Ondo.
This initiative will mix equity and token investment, a representative of Ondo told Coindesk in a telegram message.
“Financial system is undergoing a fundamental upgradation,” said Nathan Allman, founder and CEO of Ondo Finance. “By supporting infrastructure and applications that unlock the real -world utility to the property of tokens, we are helping to reopen how we pursue capital around the world.”
Tokenization is one of the fastest growing crypto use cases and has equally captives large banks, fintech, asset manager and crypto native firms. The purpose of this process is to bring traditional financial instruments such as bonds, stocks and real estates, often RWAS on blockchain rail, which promises more efficient operations, rapid and surrounding settlements, comprehensive investors access and programmable transactions. For example, Robinhood, Bibit, Crackon and Mithun have recently started trading with token versions of American stocks, while Blackrock and Franklin Templeton released Money Market Fund supported by a short -term American treasury token money market funds.
ONDO is one of the largest token American Treasury Issues, with its OUSG and USDY tokens a joint market capitalization of about $ 1.4 billion, by data Rwa.xyz Show. The firm is also developing a layer -1 blockchain network designed for tokens Rwas.
The news of the partnership was first reported Axis,
Read more: Real-World Asset Tokanization Market has increased by almost five times in 3 years
