Bitget Wallet announces integration with Ondo Finance, allowing users to self-custody and transfer tokenized financial products.
Integration with Ondo Finance
Bitget Wallet plans to integrate Ondo Finance's suite of tokenized stocks, ETFs, and real-world assets (RWAs), set to launch this summer. This will enable users to self-custody and transfer tokenized financial products from their wallets, aligning with Ondo Finance's mission to merge traditional finance with decentralized systems.
Global Market and Strategic Partnerships
This integration forms part of the Global Markets Alliance, a coalition spearheaded by Ondo Finance aimed at onboarding regulated financial products on-chain. Key players alongside Bitget Wallet include Solana Foundation, Jupiter Exchange, 1inch, BitGo, Fireblocks, Trust Wallet, Rainbow Wallet, and Alpaca, each contributing to expanding access to tokenized assets.
Ondo Finance's Infrastructure Development
Ondo Finance is ramping up its infrastructure through the acquisition of Strangelove, a blockchain development firm known for its engineering contributions within the Cosmos ecosystem. This acquisition reinforces Ondo's commitment to building the foundational infrastructure needed to bring financial markets on-chain.
The integration of tokenized assets into Bitget Wallet highlights the trend of merging traditional and decentralized finance, offering users new opportunities in asset management.
