Ondo Finance launches Ondo Chain: an institutional blockchain to combine the security of permissioned networks and public accessibility, with the support of major financial players.
Ondo Chain: A new institutional blockchain infrastructure
The pioneer of real asset tokenization, Ondo Finance, has announced the launch of Ondo Chain, an institutional-grade blockchain designed to modernize on-chain financial markets. By combining the security of permissioned blockchains with the accessibility of public networks like Ethereum, Ondo Chain aims to provide an infrastructure that meets the requirements of major financial players while remaining open to developers and innovators.
An ecosystem supported by leading institutions
Major institutions such as Franklin Templeton, Wellington Management, and WisdomTree will lend their expertise in guiding the design of Ondo Chain. This involvement strengthens the project’s legitimacy and underscores the growing interest of large asset management firms in decentralized technologies. Ondo Finance CEO Nathan Allman emphasizes the importance of this transition, saying, ‘The financial markets need an upgrade. Ondo Chain meets the strictest institutional standards while remaining open to innovation. By closely integrating on-chain and off-chain infrastructures, it reduces costs, enhances security, and improves the user experience.’
Security, compliance, and interoperability of Ondo Chain
Ondo Chain will rely on a system of permissioned validators to ensure transaction integrity and data accuracy, including asset prices and token coverage. Other key features will enhance its appeal, including staking of tokenized assets for network security and native omnichain bridging for seamless transfers between Ondo Chain and other compatible blockchains. This approach aims to meet the specific needs of financial institutions by providing a secure framework that complies with regulations.
Ondo Global Markets: direct access to stock markets
In conjunction with the launch of its blockchain, Ondo Finance has unveiled Ondo Global Markets, an innovative platform that allows on-chain access to a wide range of traditional financial securities, including over 1,000 stocks and ETFs listed on the NYSE and Nasdaq. Following the model of stablecoins applied to currencies, Ondo Global Markets aims to make securities as liquid and accessible as stablecoins have made the dollar. This initiative could mark a key step in integrating traditional financial markets into the blockchain ecosystem.
A rise in decentralized finance
With over $653 million in total value locked (TVL), according to DefiLlama, Ondo Finance has emerged as a major player in tokenized finance. The expansion of its ecosystem with Ondo Chain and Ondo Global Markets confirms its ambition to reinvent access to financial markets through blockchain and real-world asset tokenization.
