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M&A has not slowed down as the Congress Mul Crypto law and efforts are on to achieve more real -world assets.
I interacted with Nathan Allman, CEO of Ondo Finance last month, which is about the RWA Space in front of the company’s tokening platform launch for this heat. (Ondo does not yet have a go-live date).
Saying that most of the regulated financial assets will eventually settle on the blockchain rail, “is now not a crazy prediction”, Alman told me. Others agree, including Larry Fink (a person leading the world’s largest asset manager) and Sandy Kaul of Franklin Templeton (Check out My Q&A with him Here,
For Mondays and Ondo faster that it has acquired Strangealov, which focuses on designing and deploying the open-source infrastructure in several blocks. Ondo’s chief strategy officer Ian de Bode said the deal was “strategically” before the launch of the aforesaid tokening platform.
Ondo Global Markets is called, it will initially provide 100+ stock and access to ETF – starting at the atherium and expanding to BNB chains and solana.
Strengelov CEO Jack Zampolin said that his company’s cross-chain communication protocols, allowed/unexpected verification framework and modular unanimous architecture (these are many big words) would help to develop Ondo platforms in a centralized network, where institutes can participate in a centralized network.
Everyone told: What Stabecoin did for the dollar, wants to do for Ondo Securities, D Bod said. To start at least for the least fluid people.
Others, such as Apollo Global Management, Private Credit are focusing on tokens within low liquid segments.
It is worth noting that Ondo said earlier this month that he would buy Oasis Pro, get access to his secured broker-dealer, alternative trading system and transfer agent. We know how American digital asset licenses are iconic.
Speaking about, Nasdaq listed BSGM this week, planned to receive a Fina-and second-mangified broker-deale in a day, offering a gold-supported token asset for American investors one day.
It is not difficult to see why companies want some estimates at this place (such as April Ripple/BCG report).
There will be a lot of competition from both Crypto-country and tradefi veterans, so catch your cosmic popcorn. Better yet, throw a real bag in the microwave.
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