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 network, opening Japanese stock markets to global investors via blockchain. The partnership could significantly boost Ondo's transaction volume by tapping into Japan's large retail and institutional investor base. However, regulatory challenges and execution risks remain, especially concerning the adoption and liquidity of the JPYSC stablecoin.
Uniswap (UNI) fell sharply by 9.34% to $6.85, leading declines among major cryptocurrencies over a 24-hour period. The broader crypto market also saw significant losses, with Ethereum-based tokens like Ether.fi and Ondo dropping over 8%, and Bitcoin ...
The real-world asset (RWA) sector's market cap rose 2.7% to about $75.5 billion, driven by tokenization platforms and blockchain infrastructure. Ondo Finance leads with over $4 billion in tokenized assets, expanding access to US stocks and ETFs for g...
Ondo Finance's ONDO token fell 7.24% in four hours to $0.3713 on November 5, with a 24-hour decline of 9.79%. The price drop coincided with $20,000 in long liquidations recorded across Binance, Bybit, and OKX within one hour, indicating selling press...
Following the Mercado Bitcoin attack, the perpetrator converted multiple altcoins including Pepe, Aave, Uniswap, Ondo, and Ethena into Ether (ETH). This conversion resulted in the attacker holding 7,988 ETH, valued at approximately $18.19 million. Th...
