- Revolutionizing RWA liquidity with seamless tokenization and conventional trade entry.
- Ondo Finance’s BPI enhances liquidity for scalable, on-chain securities.
- Ondo GM transforms RWA dynamics, fostering DeFi evolution with liquidity options.
Ondo Finance has unveiled Ondo World Markets, a groundbreaking platform addressing the liquidity problem in Actual World Property (RWA). The platform integrates all publicly traded securities on-chain, offering direct entry to conventional securities trade liquidity, together with main exchanges like Nasdaq, NYSE, and LSE.
1/ 🚨 @OndoFinance is fixing the RWA liquidity downside 🚨
Introducing Ondo World Markets, a platform to carry all publicly traded securities onchain with native entry to conventional securities trade liquidity (e.g. Nasdaq/NYSE/LSE).https://t.co/5NGN64cYPA
— Ondo Finance (@OndoFinance) February 29, 2024
The first hurdle for RWAs’ widespread adoption has been their historic lack of liquidity. Ondo Finance acknowledges this subject and goals to reshape the panorama by tokenizing property with present deep liquidity, making them appropriate collateral for decentralized finance (DeFi) purposes.
A notable achievement from Ondo Finance’s previous initiatives is OUSG, the world’s first tokenized US Treasuries product, leveraging a Blackrock Treasuries ETF. Nonetheless, challenges persist, notably in aligning the liquidity necessities of OUSG and the underlying property like SHV.
To deal with this, Ondo World Markets introduces “Directive Tokenization,” redefining how tokens perform as authoritative messaging programs. The platform features a conventional securities broker-dealer issuing Directive Tokens, establishing a Blockchain Programming Interface (BPI) for seamless communication between the broker-dealer and the blockchain.
Ondo GM allows two-way communication, permitting the broker-dealer to put in writing to the blockchain and set off actions primarily based on on-chain occasions. This revolutionary strategy enhances liquidity by streamlining the tokenization of 1000’s of securities with out the necessity to rebuild liquidity for every new token.
The platform’s potential purposes vary from prime brokerage companies for institutional traders to facilitating environment friendly retail person entry to institutional-level companies. Ondo World Markets presents a paradigm shift in RWA tokenization, providing a scalable and liquidity-driven resolution to reshape the way forward for decentralized finance.