Ondo Finance and Pantera Capital have jointly committed $250 million to advance the tokenization of real-world assets (RWAs), marking a significant step toward integrating traditional finance with blockchain technology. This initiative, called Ondo Catalyst, aims to invest in both equity stakes and token projects that enhance on-chain capital markets and ...
Ondo Finance has launched its tokenized U.S. Treasuries product, Ondo Short-Term U.S. Government Treasuries (OUSG), on the XRP Ledger (XRPL), marking a major step forward for institutional finance on blockchain. The move enables qualified investors to mint and redeem OUSG directly using Ripple’s enterprise-grade stablecoin, RLUSD. By integrating with XRPL, ...
In the wake of the Mantra $OM token controversy, Quinn Thompson, founder and Chief Investment Officer of Lekker Capital, has renewed public criticism of Ondo Finance (ONDO), raising fresh concerns about the project's legitimacy and financial practices. Taking to X on Sunday, Thompson issued a stern warning to the crypto ...
