Ondo Finance announced the launch of Ondo Chain, a new Layer 1 blockchain designed to bridge the gap between traditional and decentralized finance, addressing key challenges in real-world asset tokenization.
Why Ondo Chain?
Ondo Finance has identified several barriers to scaling tokenized securities on blockchain networks, including DeFi's incompatibility with public securities, liquidity fragmentation, high and unstable transaction fees, security concerns in bridging and data feeds, and institutional hesitance 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, including institutional-grade validators, native support for tokenized assets, cross-chain interoperability, and institutional governance.
A Game-Changer for Real-World Asset Tokenization?
Ondo Chain offers key benefits including global accessibility, reduced transaction costs, enhanced institutional participation, stronger security, and seamless DeFi integration.
Ondo Chain by Ondo Finance offers a unique combination of advantages, supporting institutional compliance and ensuring transparency. Tokenization of real-world assets is expected to become a key direction in the financial market development.
