Ondo Finance, a New York-based tokenization company, is exploring a potential acquisition valued between $250 million and $500 million as it looks to expand into wealthtech and other financial sectors. The company has not yet appointed advisers or started talks with any specific target. Ondo, founded in 2021 by former Goldman Sachs executives, manages over $2.5 billion in tokenized real-world assets and has raised about $34 million in funding. This move comes amid a busy crypto acquisition market in 2026, with many companies seeking licenses, technology, and distribution advantages.
Starknet's STRK token plunged nearly 29% within 24 hours, alongside other altcoins like LIT, ENA, NEAR, and W, which each fell about 15%. Additional tokens including CFX, ONDO, LDO, ICP, WLD, FIL, and UNI also experienced double-digit losses. This br...
Ondo Finance (ONDO) saw its price fall 7.28% within four hours to $0.4586 on October 12, extending its 24-hour loss to 13.05%. The decline occurred on Binance's spot ONDO/USDT market, with long-position liquidations totaling $340,000 across Binance, ...
ICP saw a notable 10.7% price increase alongside a surge in trading activity, highlighting strong domestic investor interest. ONDO dominated domestic trading with 5.72% share, significantly higher than its global share of 0.24%, indicating a strong l...
Ondo Finance's ONDO token rose 8% to around $0.52 after breaking above $0.50 resistance, supported by increased trading volume and exchange outflows. The IMF highlighted Ondo's dominance in the $2.3 billion tokenized-stock market but warned of liquid...
The tokenized-stock market has grown to $3.9 billion, with Ondo Finance holding the largest share at $992.3 million. Together with xStocks and Binance bStocks, these three issuers make up about 74% of the market. Tokenized stocks are blockchain-based...
