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Ondo Finance launches Ondo Network, a hybrid blockchain for tokenized stock futures trading.

Protocol Fundamentals
27 Jul 2026
Crypto Briefing
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Bullish
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Ondo Finance has launched the Ondo Network, evolving from its initial plan to build a standalone Layer 1 blockchain for real-world asset tokenization. Instead, the new hybrid execution layer processes trades privately and quickly using secure hardware enclaves, while settling transactions on public blockchains like Ethereum. The first major application, Ondo Perps, offers perpetual futures trading with up to 20x leverage using tokenized stocks as collateral—a first in the market. This pivot prioritizes execution speed and privacy over creating a new Layer 1, with plans to enhance decentralization and complexity over time.

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Ondo Finance launches Ondo Network for fast, private trading, replacing its planned blockchain.

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