Ondo Launches DTCC-Backed Tokenized Stocks, ONDO Surges 18%

Ondo Finance launched tokenized stock representations backed by the Depository Trust & Clearing Corporation (DTCC). The announcement drove the ONDO token up 13-18% on the day, with analysts suggesting further upside potential. This partnership marks a step in bridging traditional finance with blockchain-based asset representation.

Detected & updated continuously · Source: Nebula

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