Ondo Finance has announced the launch of a new layer 1 blockchain designed to accelerate institutional adoption of real -world assets.
Ondo chain, to bring onchain to the capital markets manufactured as part of Ondo (Ondo), is an L1 blockchain purpose-manufactured for institutions.
RWAS-centric series, which Ondo Team Announced On 6 February, it is a infrastructure that will support Ondo Global Markets, providing features and capabilities that will make the institutional adoption of tokens a reality.
Ondo’s team has been developing the project for several months and believes that its launch will take the institutional tokens to the next level.
The current challenges in adopting tokenized securities that attempts to remove the ONDO series include decentralized finance, cross-chain liquidity fragmentation and incompatibility with high transaction fees. Regulatory concerns, bridging issues, and network safety risks also remain significant obstacles.
Other platforms including SUI (SUI) and APTOS (APT) are also eyeing this market.
To present a solution to these challenges, the proof-of-statual blockchain combines both public and allowed chains. Public blockchains offer openness while the allowed chain allows for increased compliance and safety facilities.
In addition to institutional-grade networks, and permitted verifications, there are some features in the evidence of native omnichen messaging and reserves that are manufactured in the Ondo series. Domestic support for RWAS in Defi allows for dapps that provide access to borrowing, lending and stacking with real -world assets.
“Through these characteristics, the Ondo series will provide the infrastructure purpose manufactured for the token of RWAS, catering for the wider needs of traditional and crypto-country investors. By combining the strength of public and allowed blockchain, Ondo Chen aims to promote a rich ecosystem, where the ability of the token RWA is fully felt, ”the Ondo team wrote.
Ondo Finance aims to create a cost -effective experience for investors, encourage the participation of a comprehensive financial institution, and to support further development in crypto wallets, protocols and applications. The goal is to distribute a blockchain network that brids decentralized finance with traditional finance.
According to RWA.XYZ data, the global market for real -world assets has increased continuously in the last one year. Prominent players like Blackrock have contributed to this expansion, with the total value of tokens over $ 17 billion. Meanwhile, Ondo has a $ 650 million market share of $ 3.5 billion token US Treasury Market.
