SBI Holdings has partnered with Ondo Finance to tokenize Japanese financial assets, including stocks, on blockchain platforms. The collaboration will also explore using SBI's JPYSC stablecoin for on-chain settlements and collateral in these tokenized transactions. This move aims to enhance access to Japan's capital markets for global investors and improve infrastructure for on-chain yen settlements. Ondo Finance gains entry into Japan's equity market, while SBI expands its on-chain finance offerings and stablecoin use cases.
Ondo Finance dominates the $2.8 billion tokenized stocks market with a 34.9% share and over 150,000 holders in under a year. The platform's total holdings reached 292,000 across tokenized stocks and ETFs. Despite Ondo's market leadership, xStocks out...
Bitway (BTW) surged 23.9% to $0.4497, driven by recent protocol upgrades that improve scalability and user experience, boosting its market cap to $1.22 billion. Meanwhile, Worldcoin (WLD) fell 7.8% to $0.3175 due to regulatory scrutiny fears, highlig...
A crypto analyst projects a 3x to 4x price increase for Hedera's HBAR token, targeting around $0.21 from its current $0.066 price, potentially raising its market cap to $9 billion. While a 10x rally to $0.70 is technically possible, the analyst consi...
Tokenized equities are expanding rapidly, with Ondo Finance leading in total asset value at $1.01 billion TVL and $27 billion in trading volume. The number of holders doubled in 30 days, showing growing participation, while monthly transfer volume su...
Ondo Finance's token ONDO is trading at $0.3279, maintaining a key support level around $0.30, which could trigger a rally to $0.45 or higher if sustained. The platform has surpassed $1 billion in tokenized stock value and holds $3.48 billion in tota...
