Ondo Finance Launches Ondo Global Markets Platform to Bring Stocks, Bonds, and ETFs to Blockchain
According to CoinDesk, Ondo Finance, the world's third largest issuer of tokenized government bonds, launched a new platform, Ondo Global Markets (Ondo GM), on February 5, which will provide blockchain access services for stocks, bonds, and ETFs.
The platform, which has a market capitalization of over $600 million, will allow the creation of transferable tokens pegged to traditional financial assets, with corresponding access and transaction control mechanisms. Ondo Finance will host its inaugural summit in New York on February 6 and has promised to make important announcements ahead of the summit.