Ondo Finance Unveils Layer-1 Network for Tokenized Assets

Quick Summary:

CEO Nathan Allman said "financial markets are overdue for an upgrade" as tokenization efforts gather steam globally.

Recently, several influential leaders in the financial world touted tokenized RWAs as the next frontier of financial innovation.

The tokenized RWA market could grow to trillions of dollars through this decade, reports from McKinsey, BCG, 21Shares and Bernstein have projected.

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Article Details

Author / Journalist: Krisztian Sandor, Helene Braun

Category: Crypto

Markets: United StatesCuba

Topics: Finance Tokenization Real World Assets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 15:00:00 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 355 words

Reading Time: 2 minutes read

Sentences: 34 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 25930948

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Main Topics: Crypto

Official Website: coindesk.com

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Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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