Gate has announced the launch of the Ondo zone, providing 24/7 trading of tokenized U.S. stocks and ETFs. This step aims to broaden investment opportunities for global users.
Launch of Ondo Zone
Gate has officially launched the Ondo zone to facilitate spot trading by introducing 26 popular trading pairs in collaboration with Ondo Finance, allowing non-U.S. users access to tokenized U.S. stocks and ETFs.
Trading Pairs and Asset Support
The Ondo zone features 26 trading pairs, including assets like AAPLON and METAON, supported by settlements in ETH, BTC, and USDT. This launch underscores the growing integration of real-world assets in the crypto space.
Future of Asset Tokenization
Tokenization may impact market liquidity and volatility, especially with a scheduled unlock of 1.94 billion ONDO tokens in January 2025. Regulatory acceptance and technological advances will shape future opportunities in the real-world asset tokenization.
The launch of the Ondo zone by Gate marks a significant step towards asset tokenization, providing global investors access to U.S. equities and promoting the development of the DeFi sector.
