$ONDO @Ondo Finance The global stock tokenization market has officially launched, which should be the largest scale of U.S. stock and ETF tokenization on-chain at present. The first phase has launched over 100 assets, with hundreds more to follow.
Ondo, as the leader in the RWA track, has already reached a TVL of 1.5 billion USD, and is now targeting the 64 trillion stock market. This pattern and ambition are indeed different.🤔
Particularly noteworthy is that Ondo will launch the USDY plan on @SeiNetwork , with Sei as a high-performance settlement layer, which has a high strategic fit with Ondo.
A redefinition of the digital asset market, providing global-level infrastructure support.
This wave of operations reminds me of a few key points:
▪️Sei's high throughput and low latency just solve the infrastructure needs of institutional-level demand.
▪️USDY, as a compliant stablecoin issued on Sei, will open up a key channel for traditional liquidity to enter the crypto market.
▪️Ondo's institutional background + Sei's technical advantages have created a combination of 1+1>2 in the RWA track.
Recently, I have observed a significant increase in the activity of the Sei ecosystem, particularly with heavyweight projects like Ondo joining, which will bring more attention and liquidity to the entire ecosystem.
As traditional assets begin to chain on a large scale, the value of public chains like Sei, which focus on performance, will be further highlighted. $SEI
Markets Move Faster on Sei. ($/acc)