Ondo Finance forms Global Markets Alliance to establish tokenized securities standards

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Unlocking the Future: How Ondo Finance is Making Money Magic Happen! 💰✨

In a world where crypto is the new black, Ondo Finance has decided to throw a grand party, inviting all the cool kids from the blockchain playground to create a shared framework for tokenized securities. Yes, you heard it right! They’re on a mission to make real-world assets as accessible as your grandma’s cookie jar. 🍪

On June 17, Ondo Finance (ONDO) announced the formation of the Global Markets Alliance, a coalition that’s more star-studded than a Hollywood premiere. Joining the fun are the Solana (SOL) Foundation, Fireblocks, BitGo, Trust Wallet, Bitget Wallet, Jupiter (JUP), and a few others who probably just wanted to be part of something big. 🎉

According to the company’s official statement (which we assume was delivered with a flourish), this merry band of crypto enthusiasts will be working on building technical and compliance standards for tokenized public securities—think stocks and exchange-traded funds, but with a sprinkle of magic dust. Their focus? Global accessibility, liquidity, and investor protections. Because who doesn’t want to feel safe while diving into the deep end of the financial pool? 🏊‍♂️

Now, just before the launch of Ondo Global Markets—a platform that lets applications and wallets offer direct access to U.S. securities for users outside the U.S.—CEO Nathan Allman stepped up to the mic. “Access to U.S. capital markets has historically been gated and inefficient,” he said, probably while shaking his fist at the sky. “Standardization is essential to unlock the full potential of tokenized securities.” And we thought he was just going to talk about the weather! ☔

“Tokenized securities are a foundation for the next era of global finance. We see them as a bridge between today’s crypto users and a future where anyone with a smartphone can access real-world opportunities.”

— Eowyn Chen, CEO of Trust Wallet

Now, let’s talk about the members of this illustrious alliance. Fireblocks and BitGo are bringing their secure, institutional-grade custody and settlement infrastructure to the table—because what’s a party without a bouncer? Wallets like Trust Wallet and Bitget Wallet will integrate tokenized asset standards, allowing retail users to feel like they’re holding the keys to the kingdom. 🔑

Alpaca, not just a cute animal but also a brokerage infrastructure, is specifically designed for tokenized products. Meanwhile, aggregators like Jupiter and 1inch are focusing on access to deep liquidity, which sounds like a fancy way of saying they’re diving into the money pool. 💦

In the past month, Ondo has been on a roll, bringing its tokenized U.S. Treasuries to the XRP Ledger, completing a cross-chain settlement using JPMorgan’s Kinexys and Chainlink, and launching instant conversions between its OUSG fund and PayPal’s PYUSD stablecoin. Talk about a busy bee! 🐝

With the Global Markets Alliance, Ondo is setting the stage for tokenized securities to grow beyond isolated experiments and into an integrated part of global financial infrastructure. It’s like watching a caterpillar turn into a butterfly, but with more spreadsheets and fewer wings. 🦋

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2025-06-18 09:55