1inch Integrates Tokenized Real-World Assets via Ondo Finance

1inch Integrates Ondo Finance for Tokenized Asset Access

Key Points:

  • 1inch integrates tokenized assets via Ondo Finance.
  • Global users access stocks with blockchain efficiency.
  • Enhances DeFi-TradFi convergence through blockchain.

The integration enhances DeFi’s reach into traditional finance, bridging gaps for seamless global liquidity and trading access. This has influenced cryptocurrency movements, highlighting broader acceptance and cross-industry compatibility.

1inch, founded by Sergej Kunz and Anton Bukov, upgraded its technology to integrate tokenized assets provided by Ondo Finance. Ondo Finance, led by ex-Goldman Sachs executive Nathan Allman, focuses on tokenizing U.S. equities and ETFs.

“Ondo Global Markets is a breakthrough in financial access. Global investors can now access the world’s largest stock markets through their favorite wallets, with the speed and efficiency of onchain finance.” — Nathan Allman, Founder & CEO, Ondo Finance

Ondo’s partnership enables secure and regulated access to tokenized RWAs for users worldwide, as reported by Allman, enhancing financial accessibility. Key infrastructure partners include OKX Wallet and Trust Wallet, facilitating broad user entry.

Global access expands DeFi’s usability in stock markets, transforming institutional trading spaces. Major chains involved are Ethereum, with plans to expand to Solana and BNB Chain, supporting liquidity increase and innovation in financial trading.

The initiative attracted interest from institutions like Citadel, backing liquidity pools that enhance market-making capabilities. Tapping into broader market networks aids the global financial ecosystem’s growth, enabled by DeFi’s flexibilities.

Tokenized assets via trusted infrastructure partners aim to change how equities interact with blockchain technology, heralding a shift in traditional finance. This could prompt additional regulatory frameworks and technological innovations in international markets.

Disclaimer:

The content on nftenex.com is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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