
In the blockchain and finance industries, Ondo Finance is riding the wave with an impressive $450 million+ in Real-World Asset (RWA) volume, demonstrating its clout in the sector. As the finance world moves toward the embracing of blockchain technology, Ondo is at the tip of the spear, launching its own Layer 1 blockchain, striking partnerships with firms like BlackRock, and making its stablecoins available to both institutions and individuals. Recent progress and announcements place Ondo on a path to reshape the look and feel of future financial markets. $ONDO dominates #RWA with $450M+ in volume, $HBAR boosts #Blockchain via #ChainGPT #AI , and $QNT expands global interoperability with Overledger! https://t.co/i1Y0rBJEtP #Crypto #Defi #NFT @intotheblock @Altcoinbuzzio — Daily Crypto Post (@DCryptopost) February 20, 2025 A Notable Presence at the Ondo Summit and Trump Jr.’s Unexpected Appearance The recent Ondo Summit event in New York on February 6, 2025, was an impressive demonstration of Ondo Finance’s growing stature. The summit served as not only a platform for the company to connect with potential investors and partners but also as a stage for the firm’s demonstrations of blockchain-based product offerings. The event, however, garnered a bit more interest when it was announced that former President Donald Trump’s son, Donald Trump Jr., would be attending. Given Trump Jr.’s background in business and investments, his presence made quite a few people sit up and take notice. In addition, Trump’s World Liberty Financial (WLFI) became a major force in the Ondo ecosystem, purchasing 361.46K $ONDO tokens. This relationship gives Ondo’s platform added legitimacy and shows that institutional investors are increasingly interested in blockchain-based financial products. Ondo also declared its working relationship with WLFI, further establishing the partnership between the two organizations. Ondo’s Layer 1 Blockchain: A Tailored Solution for Financial Institutions To expand its clout in the financial sector, Ondo Finance has developed a Layer 1 blockchain. The decision to develop a blockchain came from Ondo’s understanding that current platforms do not deliver the requisite toolset for financial institutions to interact openly in the real-world asset space. Ondo’s blockchain will focus on standards. It will create RWAs (real-world assets) that comply with financial regulations. The target market remains unchanged: institutions that need a secure, reliable, and compliant environment to carry on their affairs. Ondo’s Layer 1 blockchain, with a profound grasp of the particular needs of financial institutions, is built to fit seamlessly within—and operate in compliance with—the current monetary ecosystem. By providing this kind of tailored blockchain solution, Ondo is creating a bridge between the worlds of traditional finance and decentralized finance (DeFi), where institutions can adopt blockchain technology without being bound to using its less specialized, existing predecessors. Strategic Partnerships with BlackRock and Circle Working with globally recognized financial institutions like BlackRock and Circle, Ondo proclaims to have “redefined” its standing in the financial world. The partnership with BlackRock seems particularly auspicious, given that BlackRock is the world’s largest investment firm, with more than $10 trillion in assets under management. Employing the investing “wisdom” of Ondo, along with the fund that Circle manages (the Circle Invest Fund I, L.P., which invests in U.S. Treasury securities), and using Ondo’s stablecoin, OUSG, as an investment vehicle, makes participating in this “BUIDL” fund with investments that feel relatively safe a real possibility. $ONDO năm 2025 Hôm nay không lẻ tẻ nữa, làm cái tổng hợp tình hình Ondo cho anh em tiện theo dõi nha: Ondo – Một trong những dự án #RWA top đầu (con OM thì thôi khỏi bàn, có ai hold đâu ) Tin @binance niếm yết xuất hiện nhiều hơn ngay sau sự kiện… https://t.co/MJcVw4mvYS pic.twitter.com/yzIvre6e9X — Blog Tiền Ảo (@blogtienao_hq) February 21, 2025 ONDOSG, a tokenized short-term US government bond, is a cornerstone of the company’s approach to real-world assets. By offering bond tokens secured by the US government, Ondo is addressing a vast potential market and providing institutional investors with access to safe, high-yield assets. The OUSG stablecoin is available on the XRP Ledger, allowing institutions on the XRPL to seamlessly access these tokenized US Treasury bonds. USDY: Ondo’s Permissionless Yield Coin for Institutions and Individuals Another crucial part of Ondo’s ecosystem is USDY, a stablecoin meant for both individuals and institutions. USDY is not offered to US investors, which may limit its availability in certain regions. However, for its global audience, USDY has been marketed as “The world’s leading permissionless yield coin.” In practice, this means that USDY presents itself as an opportunity to generate yield while also maintaining the stability one would expect from a traditional stablecoin. And when we say “stability,” we mean that, compared to something like USDC, USDY is designed not to lose its purchasing power. Ondo has an ongoing commitment to give the crypto and traditional finance sectors innovative financial products that meet their evolving needs. USDY is a perfect example of this. By offering Lower Yields and a product that allows for even greater flexibility—not to mention Ondo’s positioning itself as a key player in the emerging digital finance ecosystem—this seems a pretty compelling argument, on first glance, for why one might consider using Ondo and its nearly equivalent Yield Dollar as part of a treasure user’s use case. Expanding Ecosystem and Strategic Partnerships At present, 95 significant partners constitute the Ondo ecosystem. Some of the finance world’s most influential names are among these partners: BlackRock, Morgan Stanley, Franklin Templeton, and PayPal, for instance. These partnerships speak to the trust that major financial institutions are placing in Ondo’s vision and technology. By cultivating strong ties with some of finance’s most august names, Ondo is setting itself up to be a blockchain-to-finance leader. Ondo Finance is rapidly becoming a key player in the blockchain and financial industries. With its strategic moves, it is bridging the gap between decentralized finance and traditional finance. Its stablecoins and Layer 1 blockchain are setting the stage for the next generation of financial products. Whether through tokenized US Treasury bonds, secure RWAs, or permissionless yield coins, Ondo is creating a more accessible and integrated financial ecosystem. As many organizations and backers realize the promise of Ondo’s offerings, it seems almost certain that the service will persist in adding to its growth narrative. That, in turn, looks poised to help add to an operating identity in which more new participants seem likely to come onboard, all within a realm in which Ondo appears to be a major prospect across the operation, blockchain, and financial sectors. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: loft39studio/ 123RF // Image Effects by Colorcinch
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Ether Supply Squeeze? Bybit Hacker Emerges as World`s 14th-Largest ETH Holder

The Bybit hacker, supposedly a North Korean entity, is now one of the world`s largest ether holders, which may have bullish implications for the cryptocurrency`s spot price. According to data from Arkham Intelligence and Coinbase executive Connor Grogan , this malicious actor holds 489,000 ETH, valued at approximately $1.34 billion, constituting about 0.4% of ether`s total supply, making it the 14th-largest Ether holder globally. That puts the hacker ahead of the Ethereum Foundation, Ethereum`s CEO Vitalik Buterin and Fidelity. It`s important to note that the addresses linked to this entity are being closely monitored and backlisted by exchanges, which means the hacker will likely struggle to offload these coins in the market. In simpler terms, the hacked ether supply is likely lost permanently. Furthermore, Bybit, which has reportedly secured a bridged loan from unnamed partners to cover nearly 80% of the ether lost in the Friday hack, will likely need to purchase coins in the market. "As far as this supply is concerned, it`s essentially gone. No OTC desk or exchange will facilitate the movement of such a large amount. Meanwhile, Bybit is short 402k ETH. The bridge loan may cover immediate needs, but purchasing will still be necessary," Vance Spencer, co-founder of the crypto VC firm Framework Ventures, said on X . That probably explains why ether has bounced 2.6% to $2,730 from the overnight low of around $2,614. Funding rates in perpetual futures tied to ether remain positive, implying a bias for long positions, according to data source Coingecko. NullTx

Bitget Steps Up to Support Bybit After Major Hack
Bybit is recovering from a $1.4 billion hack with Bitget`s support. Over 350,000 withdrawal requests were successfully processed after the attack. Continue Reading: Bitget Steps Up to Support Bybit After Major Hack The post Bitget Steps Up to Support Bybit After Major Hack appeared first on COINTURK NEWS . NullTx