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•Ondo Finance Launches Ondo Chain with Trump-Linked Project Buying Tokens.
•Ondo Finance introduced a new blockchain called Ondo Chain for tokenizing real-world assets, supported by Wall Street giants. The chain aims to facilitate the creation of institutional-grade financial markets on-chain. Notably, a wallet associated with the President Trump-backed World Liberty Financial project acquired $470,000 worth of ONDO tokens. World Liberty Financial, endorsed by the Trump brand, offers borrowing and lending services. Donald Trump Jr. was revealed as the closing speaker at the Ondo Summit event. Ondo Finance highlighted that top asset managers can tokenize assets for increased transparency and client yield opportunities. The Ethereum-based ONDO is now the 33rd largest cryptocurrency by market cap. Industry leaders like BlackRock and Franklin Templeton have expressed optimism about blockchain technology revolutionizing financial markets.