Ondo Finance Launches Layer1 Blockchain for Institutional Finance Ondo Chain
Ondo Finance, a tokenized real-world asset platform, has launched Ondo Chain, a Layer 1 blockchain for institutional finance. Ondo Chain is designed to meet institutional compliance standards while maintaining the transparency and accessibility of public blockchains such as Ethereum. The network will rely on licensed validators to verify transactions and ensure accurate financial data, such as asset prices and token support. It will also support staking of tokenized real-world assets and native bridging between blockchains for interoperability.