Ondo Finance has announced the formation of the Global Markets Alliance, aimed at standardizing and expanding access to tokenized real-world assets globally.
Objectives of the Global Markets Alliance
The alliance aims to create a unified, interoperable framework for on-chain capital markets to facilitate access to U.S. financial products. CEO Nathan Allman emphasized the importance of establishing standardized systems for access to capital markets.
Alliance Partners
The alliance brings together major players in the crypto infrastructure ecosystem, including Solana Foundation, Bitget Wallet, Jupiter, Trust Wallet, and others. Members will integrate Ondo's tokenized asset standards into their platforms.
Tokenized Assets and Their Accessibility
As part of the alliance, users outside the U.S. will gain seamless access to publicly traded American financial products, such as stocks and ETFs. Wallet providers like Trust Wallet and Rainbow Wallet will offer secure self-custody solutions for tokens.
The establishment of the Ondo Finance Global Markets Alliance underscores the commitment to democratizing capital markets while ensuring high standards of security and accessibility for global investors.