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Tag: Ondo

  • PancakeSwap taps Ondo to integrate real-world assets (RWAs) on BNB Chain

    PancakeSwap taps Ondo to integrate real-world assets (RWAs) on BNB Chain

    PancakeSwap taps Ondo to integrate real-world assets (RWAs) on BNB Chain

    • The DEX has signed a strategic collaboration with Ondo Finance.
    • BNB Chain users can access over 100 tokenized US stocks and ETFs from today.
    • PancakeSwap has offered zero trading fees for the first month.

    PancakeSwap has teamed up with Ondo Finance to bring over 100 tokenized stocks and exchange-traded funds into the BNB Chain.

    Starting today, users on the Binance platform can buy or sell digital representations of top US bonds, stocks, and ETFs, all pegged 1:1 to the underlying securities.

    According to Ondo Finance CEO Nathan Allman:

    Expanding Ondo Global Markets to BNB Chain allows us to bring tokenized US stocks and ETFs to millions of users across Asia, Latin America, and other geographies, in an environment that is fast, cost-efficient, and highly interoperable. This is a major step toward making US markets globally accessible through blockchain technology.

    PancakeSwap will waive trading fees for the first 30 days to celebrate Ondo Global Markets integration.

    That gives the DeFi community a cost-free way to navigate tokenized traditional assets on the Binance ecosystem.

    On-chain finance hits a key milestone

    The alliance is part of Ondo’s mission to leverage blockchain technology to allow access to high-quality US monetary assets, including real estate and stocks.

    Now, BNB Chain’s over 3.4 million daily users and the vast DeFi ecosystem can enjoy Ondo’s offerings.

    Further, PancakeSwap promises user-friendliness, self-custody, and transparency.

    The integration welcomes a new era for the Binance community, bridging decentralized finance with traditional markets.

    BNB Chain’s thriving user base can now access high-net tokenized US securities.

    The Chain’s Head of Business Development, Sarah Song, commented:

    Real-world assets are one of the fastest-growing segments on BNB Chain, and having Ondo Finance join our ecosystem is another strong validation of that momentum. Together, we’re expanding access to high-quality financial assets and driving the next wave of adoption that connects traditional markets with blockchain technology.

    Understanding PancakeSwap’s role

    PancakeSwap is the leading DEX on BNB Chain. It will serve as the strategic launch partner supporting trading of the tokenized assets.

    The decentralized exchange enables users to trade Ondo’s tokenized securities through a familiar interface, promising a remarkable experience for new and existing DeFi players.

    Moreover, PancakeSwap announced a zero-fee campaign between October 29 and November 29.

    Ondo will leverage PancakeSwap’s massive user base and liquidity pools to ensure streamlined market activity and price discovery for tokenization enthusiasts on the BNB Chain.

    CAKE and ONDO price actions

    The native tokens mirrored the broader market performance, exhibiting bearish biases on their daily timeframes.

    CAKE lost nearly 5% in the past 24 hours to $2.55, whereas a 2% dip in that timeframe sees ONDO exchanging hands at $0.7364.

    Bearish sentiments dominate the broader sector as the global cryptocurrency market cap plunged 1.5% the past day to $3.8 trillion.

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  • Ondo surges as RWA growth fuels price rally

    Ondo surges as RWA growth fuels price rally

    Ondo Finance Price

    • Ondo (ONDO) price hovered above $1.00 as bulls looked to break from a downtrend.
    • The real-world asset tokenization platform’s traction and milestones in total value locked have aligned with gains.
    • Ondo Finance is one of the leading RWA platforms in the market.

    With ONDO trading to an intraday high above $1.13 with a 5.8% gain over the past 24 hours, buying pressure may see bulls target a breakout above $1.2 and aim for $2.00.

    This outlook and surge coincides with Ondo Finance’s TVL soaring to over $1.5 billion as the RWA market rallies..

    Ondo TVL hits $1.5 billion amid RWA traction

    The Ondo token jumped to $1.13 on Friday, with gains taking it to its highest level in over a month.

    Ondo bulls have rallied 16% in the past week, cutting monthly losses and allowing for a potential technical breakout after breaking its downtrend.

    Per DeFiLlama, this has come as Ondo Finance’s TVL rose, and it crossed the $1.5 billion mark to reach highs of $1.57 billion.

    The protocol’s accelerating role in the RWA sector has helped this outlook, with Ondo’s tokenized products key to the growth.

    Surging demand for Ondo’s flagship products, such as OUSG, a tokenized short-term US Treasury fund, and USDY, a yield-bearing stablecoin, are the main drivers.

    Upside for RWA tokens has elevated the market cap for these assets to over $75 billion, while adoption of tokenized assets has pushed RWA onchain value to more than $29 billion.

    According to RWA.xyz, Ondo’s OUSG and USDY account for about $1.4 billion, with $729 million and $657 million in the two assets respectively.

    Ondo’s TVL achievement and RWA traction aligns with a surge in demand for tokenized asset investment opportunities across Wall Street.

    Ondo price targets $2 amid potential technical breakout

    The TVL surge has ignited bullish sentiment for ONDO, with analysts eyeing a price target of $2 in the short term.

    Having aggressively bounced from recent lows, the breakout to above $1 gives buyers the upper hand.

    In this case, further gains will allow them to target Ondo’s all-time high of $2.14 set in December 2024.

    Ondo price chart by TradingView

    However, bulls may first have to navigate initial robust resistance around $1.14.

    If this works, a potential rally to above $2  and the target of $2.4 could follow.

    Bulls will be helped by the broader market conditions, regulatory shifts and institutional endorsements.

    The collaboration with World Liberty Financial and integrations with BlackRock’s BUIDL Fund speak to this possibility.

    The ascent to $1.5 billion in TVL aligns with Ondo DeFi’s maturation, including in bridging yield-generating assets with blockchain efficiency. Global potential of RWAs is another likely catalyst for Ondo.

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  • ONDO price rallies on 21Shares’ ETF filing and major exchange listing

    ONDO price rallies on 21Shares’ ETF filing and major exchange listing

    • The altcoin has rallied following 21Shares’ ETF filing with the SEC.
    • The application indicates increasing institutional interest in RWA tokens.
    • Binance US has listed ONDO, fueling its upside momentum.

    Ondo Finance’s native coin signals imminent breakouts despite the broad market cool down, fueled by two key developments.

    First and foremost, asset manager 21Shares has filed with the US SEC to launch an ONDO exchange-traded fund (ETF).

    Secondly, Binance US confirmed listing the altcoin, with trading starting today, July 23.

    ONDO soared from the daily low of $1.0583 to $1.1642, a 10% increase, as the bullish news sparked bullish momentum.

    ONDO is at the center of Ondo Finance’s goal of bringing traditional assets on-chain.

    With interest in real-world asset (RWA) platforms skyrocketing, 21Shares and Binance US’ moves could not be better as retail and institutional investors seek Ondo exposure.

    The crypto has witnessed a surge in institutional appetite, with giants like BlackRock showing interest.

    MasterCard tapped Ondo Finance as its first RWA provider, while Ripple leveraged the blockchain to launch OUSG on its XRPL.

    21Shares files to launch ONDO ETF

    21Shares increases Ondo’s institutional appeal with the latest ETF application.

    The move confirms that traditional finance (TradiFi) is targeting the tokenization sector seriously.

    Moreover, seeking SEC authorization underscores the asset manager’s commitment to compliance and innovation in the tokenized sector of RWAs and DeFi.

    This is more than another cryptocurrency product.

    Ondo Finance remains at the core of the current trend of bringing real-world assets like US Treasuries, credit instruments, and bonds on-chain.

    Last week, Ondo Finance collaborated with BNB Chain to introduce tokenized equities in the United States.

    21Shares’ proposed exchange-traded fund would offer cryptocurrency enthusiasts exposure to ONDO via licensed platforms, without brokerage sites.

    Binance US lists ONDO

    A leading crypto exchange in the United States, Binance US, confirmed listing Ondo Finance’s token on its trading platform.

    It opened deposits on the Ethereum (ETH) blockchain yesterday, with ONDO/USDT trading set to start today.

    The official announcement read:

    We’re excited to announce that ONDO is now listed on Binance.US! Deposits for ONDO on the Ethereum network are now open. Trading for ONDO/USDT will begin tomorrow, July 23, 2025, at 4 a.m. / 7 a.m. EDT.

    The listing is vital as it makes the ONDO token accessible to the massive American retail audience.

    Moreover, listing on leading exchanges often acts as a Launchpad for many tokens.

    More US citizens can now trade ONDO without depending on overseas platforms or decentralized exchanges.

    ONDO price outlook

    Ondo Finance’s native coin attracted attention amidst the optimistic developments.

    It trades at $1.11 after a brief correction from daily highs.

    Meanwhile, the surging 24-hour trading volume highlights renewed interest in the RWA token, hinting at continued uptrend.

    Technical indicators support the short-term momentum shift.

    For example, the MACD on the 3H chart displays green histograms after a bullish crossover, signaling a buyer comeback.

    Also, the Chaikin Money Flow shows increased ONDO accumulation over the past week.

    Such trends indicate trust in the token’s near-term performance.

    Ondo Finance bull target the late January price levels above $1.60.

    Overcoming this level could catalyze smooth gains to the psychological level at $2.
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  • FLR, TAO, ONDO outperform as BTC steadies near support

    FLR, TAO, ONDO outperform as BTC steadies near support

    • Flare (FLR), Bittensor (TAO) and Ondo Finance (ONDO) are top gainers with between 17% and 28% spikes in 24 hours.
    • Altcoins have soared amid broader market’s reaction to US President Donald Trump’s tariff pause.
    • Bitcoin (BTC) is looking for support above $80k.

    Flare, Bittensor and Ondo Finance are among top gainers in the cryptocurrency market’s top 100 by market cap.

    The altcoins, which have soared between 17% and 28% in the past 24 hours, have benefitted from the broader market’s reaction to US president Donald Trump’s tariff pause. Notably, FLR, TAO and ONDO are rising as Bitcoin (BTC) seeks a fresh leg up after bouncing to above $82k.

    Will BTC hold gains above $80k?

    Bitcoin continues to show resilience as it eyes a key support level amid a broader market upswing.

    The leading cryptocurrency currently shows a 24-hour gain of 6.5%, trading near $82,000, with a 24-hour trading volume of $76.2 billion.With this metric up 38%, it reflects strong market participation as investors look to buy the recent dip.

    A look at technical indicators shows the Relative Strength Index (RSI) at 47, while the Moving Average Convergence Divergence (MACD) suggests a potential bullish crossover. If the MACD line moves above the signal line, it would hint at likely upward momentum.

    BTC chart by TradingView

    As noted above, crypto mirrored stocks as markets reacted higher on news of President Trump pausing proposed tariffs. It’s a move that Mohamed A. El-Erian, in a CNBC interview, came as the Fed came close to intervening amid market malfunction. It helped risk assets.

    However, Arthur Hayes, in an X post, cautioned that while the tariff pause might boost short-term sentiment, underlying economic uncertainties could still pressure BTC if global liquidity tightens.

    FLR price outlook

    Flare (FLR) emerged as one of the top gainers in the early hours on Thursday, soaring 27% over the past 24 hours to trade at $0.015.

    The altcoin saw a significant spike in trading volume, reaching $50.3 million, as investors piled into the layer-1 blockchain known for its data-focused solutions.

    From a technical perspective, FLR’s RSI climbed to 53, signaling potential for a near-term continuation. The MACD was also bullish with the MACD line well above the signal line.

    FLR Chart by TradingView

    Bittensor and Ondo price today

    Bittensor (TAO) also joined the list of top performers, gaining 18% to reach highs of $236, with a 24-hour trading volume of $191 million.

    Altcoin’s positive reaction to Trump’s tariff pause also saw Ondo (ONDO) soar 18% to a high of $0.86. The ONDO token recorded a notable 24-hour trading volume of $375 million, underscoring strong demand for the DeFi token.

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  • Coinbase-backed Ondo Finance opens Asia Pacific office, ONDO token up 73%

    Coinbase-backed Ondo Finance opens Asia Pacific office, ONDO token up 73%

    • Ondo Finance, backed by Coinbase, expands into Asia Pacific, capitalizing on 73% weekly ONDO token surge.
    • Company opens its first APAC office and appoints Ashwin Khosa as VP for Business Development in the region.
    • The strategic move aligns with Ondo’s dominant position in tokenized securities, targeting APAC’s digital asset fervour.

    Ondo Finance, a prominent US-based issuer of tokenized securities backed by Coinbase, is making headlines with its strategic expansion into the Asia Pacific region.

    This move comes amidst a remarkable 73% weekly surge in the value of its ONDO token, showcasing the platform’s growing influence. The company’s entry into the dynamic APAC market is set to capitalize on the region’s fervent interest in digital assets, fueled by a thriving crypto community and evolving regulatory frameworks.

    Ondo Finance’s footprint in Asia Pacific

    While officially announcing its strategic expansion into Asia Pacific, Ondo Finance also announced the inauguration of its first office in the Asia Pacific region, marking a calculated move to tap into the escalating enthusiasm for digital assets.

    While the specific location remains undisclosed, the company’s founder and CEO, Nathan Allman, expressed his enthusiasm for the expansion. He highlighted the active and rapidly growing crypto community in the Asia Pacific, emphasizing the appeal of Ondo’s tokenized exposure to U.S. assets.

    To spearhead this strategic move, Ondo Finance has enlisted the expertise of Ashwin Khosa as the Vice President of Business Development for Asia Pacific. Khosa, with a decade of institutional business development experience in Hong Kong, brings valuable insights into the nuances of on-chain finance and the Asia Pacific market.

    This expansion aligns seamlessly with Ondo’s existing dominance in the tokenized securities realm, boasting nearly 40% of the global market share. The platform’s three main tokenized products—OUSG, OMMF, and USDY—enable global investors to access key US-based asset classes in a tokenized format.

    ONDO token price movement

    The expansion into Asia Pacific comes on the heels of a remarkable 73% weekly increase in the value of Ondo Finance’s ONDO token. At press time, ONDO was trading at $0.2812, up 3% in 24 hours.

    ONDO price chart

     

    This surge reflects growing confidence and interest in the platform and its tokenized offerings.

    Ondo Finance has been actively shaping its future landscape with strategic collaborations. Notably, partnerships with Mantle Network and Solana have gained attention, emphasizing the collaborative efforts to bring USDY to their respective blockchain networks.

    Additionally, the Ondo Foundation’s recent announcements, including a points program and a proposal to unlock the ONDO token, further underline the platform’s commitment to advancing on-chain finance and expanding its global influence.

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