Ondo Finance bridges to Solana, integrating its yield-bearing USDY asset and Decentralized Verifier Community. Will Solana drive the subsequent RWA increase?
Ondo Finance is a frontrunner in tokenizing real-world property (RWA). On this platform, corporations like BlackRock can convert U.S. Treasuries into digitized variations which are out there on-chain for clear auditing. In response to Coingecko, the mission is among the many most valuable in the sector, and its token, ONDO, is taken into account one of many best cryptos to buy in 2025.
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Ondo Finance Expands to Solana
Yesterday, the RWA tokenization platform announced its enlargement to Solana, a blockchain identified for internet hosting quite a few meme cash.
This bridge to Solana will combine Ondo Finance’s flagship tokenized treasury asset, USDY.
This transfer to Solana is strategic. In comparison with Ethereum, Solana is extra scalable and helps a vibrant ecosystem of prime DeFi initiatives and high-value meme cash value billions within the secondary market. May this determination place Solana as a key participant within the subsequent RWA increase?
BlackRock executives predict the RWA trade will develop quickly over the subsequent 5 years. Larry Fink needs the USA SEC to approve the tokenization of securities like bonds and shares.
With Ondo Finance bridging to Solana, the crew introduced that its proprietary Decentralized Verifier Community (DVN) may even go stay.
It will permit Solana customers to hook up with the Ondo Chain, Ethereum, and different Ethereum-compatible platforms like Mantle and Arbitrum.
The timing is strategic, as USDY is already thriving on Solana, with a complete worth locked (TVL) of over $160 million and hundreds of energetic customers.
The announcement follows Ondo Finance’s launch of its RWA-focused platform in February, concentrating on institutional purchasers.
As reported by 99Bitcoins, Ondo Chain, a permissioned layer-1 blockchain, ensures compliance with regulatory frameworks, permitting vetted corporations to function transparently.
Integration with Solana enhances Ondo Chain, doubtlessly attracting extra customers to the platform.
Following BlackRock’s Lead: Will ONDOUSDT Surge?
This transfer comes after BlackRock, a number one asset supervisor, expanded its tokenized fund, BUIDL, to Solana in March, transitioning from Ethereum.
The perfect property wish to be in every single place.
Blockchains make that attainable.@calilyliu on BlackRock’s BUIDL fund lately increasing to Solana — and why tokenized treasuries are simply the beginning of web capital markets. pic.twitter.com/cV2zgKYGry— Solana (@solana) April 18, 2025
It additionally sends alerts that conventional finance giants view Solana as institution-ready, prompting early positioning. Ondo Finance seems to align with this pattern by following BlackRock’s lead.
For now, supporters count on extra treasuries to be tokenized. At the moment, its short-term U.S. authorities treasuries fund, OUSG, manages over $420 million in property and gives accredited establishments a 4.07% annual yield. In the meantime, USDY provides a 4.25% yield to non-U.S. purchasers.
ONDO, the governance token, is presently below strain, struggling to get better from Q1 2025 weaknesses.
(ONDOUSDT)
If the token breaks above $1.05, it may retest $1.25 and attain $1.65 in a bullish pattern continuation.
Is 2025 the 12 months of tokenization?
@OndoFinance‘s Founder & CEO @nathanlallman says sure.
Ondo is residence to $USDY and $OUSG, which have market caps of ~$600M and $420M, respectively
His crew is banking massive (pun meant) that onchain finance will change every little thing for crypto… pic.twitter.com/VcFwAJ7Kur
— Jacquelyn Melinek (@jacqmelinek) May 1, 2025
Ought to RWAs drive crypto development in 2025, as predicted by Nathan Allman, the founding father of Ondo Finance, ONDO may rip increased. In flip, this will likely funnel extra capital to a few of the hottest presales in 2025.
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Ondo Finance Bridges to Solana: Will ONDO Lead the 2025 RWA Increase?
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Ondo Finance expands to Solana, integrates USDY -
Solana is more and more engaging for establishments after BlackRock migrated the BUIDL fund -
RWA is projected to command over $1 trillion in 5 years -
Will ONDOUSDT get better after losses in Q1 2025?
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