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.
SpaceX's IPO filing has reignited interest and skepticism around tokenized stocks and real-world asset (RWA) tokens. Some exchanges canceled tokenized SpaceX share offerings due to delivery failures, highlighting risks in off-chain custody and settle...
John Hoffman, head of portfolio products at Ondo Finance, compares the current tokenization market to the early days of ETFs, predicting rapid growth driven by AI integration. The tokenized asset market has grown to over $33 billion and could reach t...
SpaceX will offer tokenized shares on the Solana blockchain through platforms like Ondo Finance, xStocks, and Sunrise as it prepares for its IPO. These tokenized equities provide price exposure without direct ownership and will be accessible globally...
Ondo Finance has appointed John Hoffman, former Invesco and Grayscale executive, as Managing Director to lead the development of its tokenized asset portfolios. Hoffman will oversee the creation of new investment baskets that extend beyond Ondo's exi...
Ondo Finance has appointed John Hoffman, former Invesco ETF head and Grayscale managing director, to lead its tokenized portfolio products. The company plans to expand from tokenized stocks and Treasury notes to managed onchain investment portfolios,...
