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Home/News Feed/Ondo Finance token surges 5% on launch of first tokenized equities with DTCC and major partners
ONDO
Rp6,647
+Rp894 +15.54%

Ondo Finance token surges 5% on launch of first tokenized equities with DTCC and major partners

Market News
16 Jul 2026
Blockonomi
View Source
Bullish
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Ondo Finance announced the launch of the first tokenized equity representations using DTC tokenized entitlements, part of the DTCC Tokenization Service. This milestone pushed the ONDO token price up by about 5% and increased trading volume by 51.7% in one day. The project involves major financial institutions like BlackRock, J.P. Morgan, Goldman Sachs, Nasdaq, and the NYSE, marking DTCC's largest tokenization effort to date. Technical analysis shows ONDO approaching key resistance levels, with potential for further gains if it breaks above the 50-day moving average, while experts remain optimistic about continued upward momentum.

More News (ONDO)

Ondo Finance launches first tokenized stocks backed by DTCC, boosting ONDO token amid cautious trading outlook.

Ondo Finance launches first tokenized stocks backed by DTCC, boosting ONDO token amid cautious trading outlook.

Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...

Market News
Neutral
9 hours ago
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