Ondo drops tokenized asset blockchain plans for private, high-speed trading network

Neutral-27.28%
28 Jul, 19:44
Source: CoinDesk

AI Summary

Ondo is launching a new private high-speed trading network to power its perpetual futures platform and support onchain financial asset trading, pivoting from broader tokenized asset blockchain plans.

The new network powers Ondo's recently-launched perpetual futures platform and will eventually support trading across onchain financial assets.