Ondo Finance, a leading player in tokenized real-world assets, announced the launch of Ondo Chain, a Layer 1 blockchain designed to bridge traditional and decentralized finance.
Why Ondo Chain? Addressing Key Infrastructure Challenges
Ondo Finance has identified several barriers to scaling tokenized securities on blockchain networks. These include DeFi incompatibility with public securities, liquidity fragmentation, high and unstable transaction fees, security concerns, and institutional hesitation due to regulatory concerns.
How Ondo Chain Solves These Challenges
Ondo Chain introduces a hybrid approach, combining the openness of public blockchains with the security and compliance of permissioned chains. Key elements of the solution include: validators staking on high-quality assets, permissioned validators for compliance, native support for tokenized RWAs, cross-chain interoperability, and institutional-grade governance.
A Game-Changer for Real-World Asset Tokenization?
Ondo Chain offers a comprehensive array of benefits: global accessibility of assets, reduction in transaction costs, stronger institutional participation, enhanced security, and seamless DeFi integration.
Ondo Chain opens new opportunities for financial institutions to integrate tokenized real-world assets, offering a combination of advantages from public and permissioned blockchains.
