Ondo Finance and several major blockchain firms have initiated a new project — the Global Markets Alliance, aimed at establishing standards for tokenized financial markets.
Definition of the Global Markets Alliance
The Global Markets Alliance was launched on June 18, 2025, featuring players like Solana Foundation, BitGo, 1inch, and Trust Wallet. The alliance aims to establish standards for tokenized financial markets, improving compliance and liquidity.
Strategic Partnerships and Their Importance
Ondo Finance joins forces with major firms to ensure compatibility and compliance in asset tokenization. Nathan Allman, Founding CEO of Ondo Finance, stated: "Together, the alliance will help shape best practices and standards for tokenized securities."
Historical Context and Expertise in Asset Tokenization
The context of the alliance's formation includes previous initiatives such as Project Guardian by the Monetary Authority of Singapore, which also aimed for the tokenization of real assets. According to CoinMarketCap, the ONDO token was priced at $0.76 on June 18, 2025, with a market capitalization of $2.40 billion.
The Global Markets Alliance from Ondo Finance represents a significant step in the development of tokenized securities, offering potential benefits for both investors and the industry as a whole.
