Ondo Finance and Pantera Capital are investing $250 million in real-world asset (RWA) tokenization to merge traditional finance with crypto.
The investment aims to tokenize traditional securities like stocks, bonds, and ETFs on the blockchain, offering users continuous access to tokenized financial instruments beyond legacy market hours.
Ondo has a platform allowing exposure to U.S. securities and the new capital will scale up efforts to meet the increasing demand for onchain access to RWAs.
The industry trend towards tokenizing traditional assets is growing, with companies like Robinhood, Injective, Plume Network, Republic, and exchanges like Coinbase and Kraken joining the movement to enable onchain trading of assets, blurring the line between traditional and digital finance.