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) price jumped 27% from $0.32 to near $0.42, driven by institutional tokenization deals and increased network activity. Collaborations with major financial players like Depository Trust & Clearing Corporation, Mastercard, and SBI Group have...
Ondo surged 11.05% to $0.3997, leading altcoin gains driven by interest in its structured financial products in DeFi. Other notable rises include Rain (+9.31%), Venice Token (+7.92%), Aave (+6.90%), and Gram (+6.80%), each benefiting from sector-spec...
Since 2024, only 8 out of 113 crypto tokens with market caps over $100 million trade above their initial token generation event (TGE) prices, showing a median loss of 95.7%. Hyperliquid leads gains with a 1,519% return, driven by revenue from its per...
Ondo Finance (ONDO) surged over 14% in 24 hours, outperforming Bitcoin and other top cryptos due to increased whale accumulation and a fourfold rise in perpetual (perp) trading volume to $155 million. Large transfers from Coinbase Prime Custody indic...
ONDO token surged over 17% following Ondo Finance's integration with DTCC's tokenization infrastructure, connecting tokenized stocks like Circle shares and SPDR S&P 500 ETF with traditional securities custody systems. This partnership enhances instit...
