Ondo (ONDO) token rose 1.58% in a day and 21% over the past week after breaking a key resistance at $0.297, surpassing a level held since February. This surge followed Ondo's selection to the DTCC’s Industry Working Group to help advance tokenization of U.S. capital markets onchain. Technical analysis suggests short-term bullish momentum with potential price targets up to $0.413 or $0.47, though a pullback to $0.286-$0.295 may offer a buying opportunity. Traders are advised to watch for profit-taking and monitor key support levels for confirmation.
ONDO, the native token of Ondo Finance, surged 15% to $0.393 following a partnership with Japan's SBI Group to tokenize Japanese assets and distribute them using the JPYSC stablecoin. Ondo also joined the DTCC's major tokenization initiative, linking...
SBI has partnered with Ondo Finance to tokenize Japanese equities through blockchain technology, introducing the JPYSC stablecoin for settlement and collateral. Ondo will create tokenized financial products tied to Japanese assets, which SBI will dis...
SBI Holdings, a major Japanese financial group, has partnered with Ondo Finance to tokenize Japanese stocks on blockchain using SBI’s yen stablecoin, JPYSC, for settlement and collateral. This collaboration aims to create a tokenized stock market den...
SBI Group has partnered with Ondo Finance to tokenize Japanese stocks and integrate the yen-backed JPYSC stablecoin for settlement and collateral within Ondo’s tokenized financial products. This collaboration aims to connect Japanese assets with glob...
Ondo Finance's token price surged nearly 20% following the launch of tokenized U.S. equities backed by the Depository Trust Company (DTC) through the DTCC Tokenization Service pilot. This integration allows on-chain exposure to assets like the SPDR S...
