An address linked to Ondo transferred 26.05 million ONDO tokens to Coinbase, valued at about $9.79 million. This move is part of a larger pattern where Ondo-related wallets have sent a total of 116 million ONDO tokens to Coinbase over the past month and a half. Large deposits to exchanges like Coinbase often indicate potential sell pressure, though the tokens may also be moved for custody or other non-sale reasons. Traders will watch ONDO's price, trading volume, and further transfers closely to gauge market impact.
Ondo Finance's on-chain activity has surged with new wallet addresses doubling and daily active addresses rising, driven by recent partnerships and infrastructure upgrades. The company launched tokenized stock products linked to traditional US market...
SBI Holdings has partnered with Ondo Finance to tokenize Japanese financial assets, including stocks, on blockchain platforms. The collaboration will also explore using SBI's JPYSC stablecoin for on-chain settlements and collateral in these tokenized...
Ondo Finance has partnered with Japan's SBI Group to tokenize Japanese equities, using SBI's yen-backed stablecoin JPYSC for onchain settlements. This collaboration leverages Ondo's tokenization technology and SBI's extensive $250 billion financial n...
ONDO, the native token of Ondo Finance, surged 15% to $0.393 following a partnership with Japan's SBI Group to tokenize Japanese assets and distribute them using the JPYSC stablecoin. Ondo also joined the DTCC's major tokenization initiative, linking...
SBI has partnered with Ondo Finance to tokenize Japanese equities through blockchain technology, introducing the JPYSC stablecoin for settlement and collateral. Ondo will create tokenized financial products tied to Japanese assets, which SBI will dis...
