- Revolutionizing RWA liquidity with seamless tokenization and conventional change entry.
- Ondo Finance’s BPI enhances liquidity for scalable, on-chain securities.
- Ondo GM transforms RWA dynamics, fostering DeFi evolution with liquidity options.
Ondo Finance has unveiled Ondo International Markets, a groundbreaking platform addressing the liquidity problem in Actual World Belongings (RWA). The platform integrates all publicly traded securities on-chain, offering direct entry to conventional securities change liquidity, together with main exchanges like Nasdaq, NYSE, and LSE.
1/ 🚨 @OndoFinance is fixing the RWA liquidity downside 🚨
Introducing Ondo International Markets, a platform to carry all publicly traded securities onchain with native entry to conventional securities change liquidity (e.g. Nasdaq/NYSE/LSE).https://t.co/5NGN64cYPA
— Ondo Finance (@OndoFinance) February 29, 2024
The first hurdle for RWAs’ widespread adoption has been their historic lack of liquidity. Ondo Finance acknowledges this difficulty and goals to reshape the panorama by tokenizing belongings with current deep liquidity, making them appropriate collateral for decentralized finance (DeFi) purposes.
A notable achievement from Ondo Finance’s previous initiatives is OUSG, the world’s first tokenized US Treasuries product, leveraging a Blackrock Treasuries ETF. Nonetheless, challenges persist, significantly in aligning the liquidity necessities of OUSG and the underlying belongings like SHV.
To deal with this, Ondo International Markets introduces “Directive Tokenization,” redefining how tokens operate as authoritative messaging programs. The platform features a conventional securities broker-dealer issuing Directive Tokens, establishing a Blockchain Programming Interface (BPI) for seamless communication between the broker-dealer and the blockchain.
Ondo GM allows two-way communication, permitting the broker-dealer to jot down to the blockchain and set off actions based mostly on on-chain occasions. This modern strategy enhances liquidity by streamlining the tokenization of hundreds of securities with out the necessity to rebuild liquidity for every new token.
The platform’s potential purposes vary from prime brokerage providers for institutional buyers to facilitating environment friendly retail consumer entry to institutional-level providers. Ondo International Markets presents a paradigm shift in RWA tokenization, providing a scalable and liquidity-driven answer to reshape the way forward for decentralized finance.