Ondo | ONDO & BlackRock
Updated
Ondo price today is $0.74 with a 24 hour trading volume of 430 million dollar which represents a 40% price increase in the last 24 hours and a 140 % price increase since last month, the marketcap just passed 1 billion dollar. the current circulating supply of Ondo is 1.44 Billion tokens & the maximum supply of Ondo is 10 Billions.
But What is Ondo? well Ondo Finance is an open and decentralized investment bank.
Ondo's core business is to service and connect various stakeholders in the emerging DeFi ecosystem including DAOs, institutional and retail
these are also a few key features of Ondo:
Leader in Facilitating DEX Liquidity: Ondo is a pioneer in the liquidity-as-a-service space with live partnerships with 10+ DAOs as well as commitments from four stablecoin issuers (FEI, FRAX, UST, and RAI) for 100m+ in new liquidity and related incentives. By matching DAOs (capital demand) with underwriters (capital supply) to provide liquidity for their native token, users can easily trade these tokens in decentralized exchanges.
Rapid Organic Growth: Ondo has not established any liquidity mining campaigns or any other incentive program to stimulate liquidity on the protocol, making it one of the largest protocols by TVL on Ethereum without incentives.
Bridging DeFi and Traditional Finance: Ondo makes DeFi accessible and more valuable to traditional by both aggregating conventional DeFi protocols and repackaging their exposures using traditional finance techniques into the risk / return profiles.
the number of whale transactions consisting of at least $100,000 worth of ONDO increased from 68 to 91 unique transactions over the past 24 hours. The heightened whale activity usually indicates high price volatility
Investment giant BlackRock’s recent filing for a new fund called the BlackRock USD Institutional Digital Liquidity Fund has sent ripples through the crypto market. The fund’s partnership with Securitize, a firm specializing in tokenization, suggests a potential focus on RWAs, which aligns perfectly with Ondo Finance’s core offering. This news sparked speculation, driving an initial 20% jump in the price of ONDO.
Ondo Finance recently launched Ondo Global Markets, a solution aimed at bridging traditional and DeFi markets by creating tokens representing ownership of traditional securities. This initiative expands Ondo’s capabilities beyond tokenized US Treasuries, potentially attracting new users and driving demand for the ONDO token.
Coinbase listed Ondo Finance on January 22 and Binance gonna list it soon
next targets are 0.79, 0.85 and 0.99$
But What is Ondo? well Ondo Finance is an open and decentralized investment bank.
Ondo's core business is to service and connect various stakeholders in the emerging DeFi ecosystem including DAOs, institutional and retail
these are also a few key features of Ondo:
Leader in Facilitating DEX Liquidity: Ondo is a pioneer in the liquidity-as-a-service space with live partnerships with 10+ DAOs as well as commitments from four stablecoin issuers (FEI, FRAX, UST, and RAI) for 100m+ in new liquidity and related incentives. By matching DAOs (capital demand) with underwriters (capital supply) to provide liquidity for their native token, users can easily trade these tokens in decentralized exchanges.
Rapid Organic Growth: Ondo has not established any liquidity mining campaigns or any other incentive program to stimulate liquidity on the protocol, making it one of the largest protocols by TVL on Ethereum without incentives.
Bridging DeFi and Traditional Finance: Ondo makes DeFi accessible and more valuable to traditional by both aggregating conventional DeFi protocols and repackaging their exposures using traditional finance techniques into the risk / return profiles.
the number of whale transactions consisting of at least $100,000 worth of ONDO increased from 68 to 91 unique transactions over the past 24 hours. The heightened whale activity usually indicates high price volatility
Investment giant BlackRock’s recent filing for a new fund called the BlackRock USD Institutional Digital Liquidity Fund has sent ripples through the crypto market. The fund’s partnership with Securitize, a firm specializing in tokenization, suggests a potential focus on RWAs, which aligns perfectly with Ondo Finance’s core offering. This news sparked speculation, driving an initial 20% jump in the price of ONDO.
Ondo Finance recently launched Ondo Global Markets, a solution aimed at bridging traditional and DeFi markets by creating tokens representing ownership of traditional securities. This initiative expands Ondo’s capabilities beyond tokenized US Treasuries, potentially attracting new users and driving demand for the ONDO token.
Coinbase listed Ondo Finance on January 22 and Binance gonna list it soon
next targets are 0.79, 0.85 and 0.99$
Trade active
we hit our first target
Note
we hit our second target as well
Note
Ondo Finance plans to move 95M of assets to BlackRock's tokenized fund to back its OUSG tokenNote
Ondo Finance has tested a new feature from Circle for instant conversions from BlackRock's tokenized BUIDL fund to USDCTrade active
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Trade active
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