Ondo Finance and Mirae Asset Global Investments have signed an MOU to tokenize US-listed Global X ETFs, marking Mirae as the first major Asian asset manager to enter ETF tokenization. The collaboration will initially focus on US ETFs, with plans to expand to Canada, Europe, Australia, Japan, and Hong Kong, while ensuring full regulatory compliance. This move aims to offer investors benefits like 24/7 trading, faster settlement, and fractional ownership through blockchain technology. The partnership reflects growing institutional commitment to digital assets and tokenization across multiple jurisdictions.
Ondo (ONDO) rebounded 6.6% from a recent low but remains vulnerable due to a 10% weekly decline and weak momentum signals. Bitcoin also fell 2.1% last week, and the overall altcoin market dropped nearly 8%. Bitcoin spot ETFs saw significant outflows,...
On October 20, WLD led Korea's crypto attention index with a score of 93.3 and a domestic trading volume of 96.85 billion won, far exceeding its global trading share by 25.1 times. Other notable assets with strong domestic activity included ONDO, RLU...
Ondo (ONDO) crypto bounced 6.6% from its recent low of $0.41 but still declined 10% over the past week, underperforming Bitcoin's 2.1% drop. The broader altcoin market and Bitcoin ETF outflows contributed to the negative sentiment. Technical analysis...
Ondo Finance and Superstate saw significant market cap increases of $41.6 million and $34.2 million respectively in the tokenized US Treasury bill market over the past week. Ondo crossed a major milestone with $3 billion in total tokenized US Treasur...
RLUSD topped Korea's crypto attention index with 84 points, showing the strongest increase in trading activity and accounting for 2.89% of domestic trading. STX had the largest domestic trading share compared to global, being 43.9 times more active i...
