Wu Shuo learned that after the unexpected passing of founder Nathan Allman, Ondo Finance's new CEO Ian De Bode issued a public letter stating that Ondo's current on-chain asset size has approached $4 billion and will continue to advance along the development roadmap set by the founder. Ondo stated that in the future, it will expand from asset tokenization to trading, prime brokerage, and asset management, building an on-chain financial system covering stocks, ETFs, cryptocurrencies, commodities, and prediction markets. Its perpetual contract platform Ondo Perps is expected to go live in the coming weeks, supporting trading with tokenized real-world assets (RWA) as collateral.

ONDO-0.59%
RWA-2.33%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • 2
  • Share
Comment
Add a comment
Add a comment
GateUser-318a7dc8
· 4h ago
Stock ETFs, commodities, and all related assets are becoming fully on-chain; traditional financial giants will find it hard to sleep.
View OriginalReply0
GateUser-cb789e81
· 4h ago
How to design the liquidation mechanism when using RWA as perpetual collateral? Waiting for a technical detail.
View OriginalReply0
BluePeonyDarkroom
· 5h ago
Close to 4 billion dollars in on-chain assets, this scale is considered a leading position in RWA, right?
View OriginalReply0
DAOBackbencher
· 5h ago
Nathan’s roadmap is carried forward by his successor, which is also a form of reassurance and consolation to a certain extent.
View OriginalReply0
GateUser-6d80555a
· 5h ago
Is the prediction market also part of the plan? The ambitions of the on-chain financial supermarket can no longer be hidden.
View OriginalReply0
TheTreeInTheCenterOfMistValley
· 5h ago
Ondo Perps will launch within a few weeks; this speed is faster than I imagined.
View OriginalReply0
Stop-LossIsLikeAConfession
· 5h ago
The term "on-chain financial system" is too broad, but Ondo is indeed piecing it together step by step.
View OriginalReply0
Cross-SectionOfSucculent
· 5h ago
The RWA track needs this kind of full-stack player; otherwise, it will always just be issuing tokens and hyping concepts.
View OriginalReply0
Low-PolyEarth
· 5h ago
The unexpected death of the founder is a heavy blow to any project. Being able to announce the roadmap so quickly suggests that there was likely an internal contingency plan in place.
View OriginalReply0
View More
  • Pinned