Ondo Finance, a leading player in tokenized real-world assets (RWAs), announced Ondo Chain, a Layer 1 blockchain network designed to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi).
Why Ondo Chain Matters
Ondo Finance has identified several barriers to scaling tokenized securities on blockchain networks such as DeFi incompatibility with public securities, liquidity fragmentation across blockchains, high and unstable transaction costs, security concerns in cross-chain bridges, and institutional hesitation due to regulatory concerns.
Ondo Chain Solutions
Ondo Chain introduces a hybrid approach that combines the openness of public blockchains with the security and compliance of permissioned chains. It offers institutional-grade network security, permissioned validators for compliance, native support for tokenized RWAs, cross-chain interoperability, and institutional-grade governance.
Impact on Asset Tokenization
Ondo Chain could be a game-changer in the real asset tokenization revolution, providing advantages such as global accessibility, lower transaction costs, stronger institutional participation, enhanced security, and seamless DeFi integration.
With the launch of Ondo Chain, Ondo Finance aims to transform the real-world asset tokenization landscape by improving compliance and accessibility for both traditional financial institutions and DeFi.
