Ondo Finance is poised to transform the trading experience for global investors with the launch of Ondo Perps, a platform that enables trading of US stocks and ETFs. According to analysts cited in the report, the outlook is promising as this initiative is set to broaden trading opportunities for users outside the United States, marking a pivotal moment in the digital finance sector.
Launch of Ondo Perps
Scheduled for launch on February 3, 2023, Ondo Perps will offer users the ability to trade perpetual futures on major US stocks and exchange-traded funds, with leverage options reaching up to 20 times. This feature is designed to attract a diverse array of investors eager to take advantage of US equity performance without geographical limitations.
Innovative Use of Tokenized Securities
A key innovation of Ondo Perps is its acceptance of tokenized securities as collateral, a groundbreaking move in the industry. This feature is expected to enhance capital efficiency and liquidity, facilitating greater participation from non-US investors in the US market. By improving liquidity and operational efficiency, Ondo Perps aims to foster a more inclusive trading environment for investors worldwide.
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