Ondo Finance, a leading player in tokenized real-world assets, has announced the creation of Ondo Chain, a Layer 1 blockchain network aimed at bridging traditional and decentralized finance.
Infrastructure Challenges for Ondo Chain
Ondo Finance has identified several barriers to scaling tokenized securities on blockchain networks, including DeFi incompatibility, liquidity fragmentation, high and unstable fees, security concerns, and institutional hesitation due to regulatory issues.
Ondo Chain Solutions
Ondo Chain introduces a hybrid model, combining the openness of public blockchains with the security of permissioned chains, allowing institutional validators to stake high-quality real-world asset tokens and supporting cross-chain interoperability.
Benefits for Real-World Asset Tokenization
Ondo Chain offers global accessibility, lower transaction costs, stronger institutional participation, enhanced security, and seamless DeFi integration, providing new opportunities compared to both public and private permissioned blockchains.
With Ondo Chain, Ondo Finance aims to leverage tokenization to transform the traditional financial sector, providing a secure and compliant bridge between varied financial systems.
