Ondo forms global alliance to reshape tokenized securities amid RWA market surge
The post Ondo forms global alliance to reshape tokenized securities amid RWA market surge appeared on BitcoinEthereumNews.com.
The decentralized tokenization platform Ondo Finance has launched the Global Market Alliance (GMA). The Alliance is expected to establish tokenized securities standards and speed up the adoption of tokenized capital markets. The protocol announced the move on X, noting that seven other crypto exchanges, wallets, and custodians also joined as founding members of the Alliance. These include Solana Foundation, Jupiter Exchange, BitGet Wallet, Fireblocks, Rainbow, Alpaca Finance, Trust Wallet, and 1inch. However, Ondo Finance hinted that more blockchain and crypto entities would join the Alliance, stating “more to come.” Its X post also explained why the protocol is starting the coalition, noting that tokenized real-world assets (RWA) are already becoming mainstream, which makes it necessary to have the infrastructure and industry standards ready. It said: “Together, the alliance will help shape best practices and standards for tokenized securities around interoperability, investor protections, liquidity, and composability that streamline user access to tokenized RWAs.” Meanwhile, Ondo Finance noted that all partners in the Alliance have their unique advantages, which are what they will contribute to making the coalition achieve its goals. For instance, the wallets offer a user interface and self-custody, while DeFi protocols bring integration to on-chain RWA and programmatic access to wallets. Ondo Global Markets might be key to the Alliance Interestingly, the Alliance also keys into the protocol’s plan to launch the Ondo Global Markets, its tokenization platform. The platform is expected to give wallets and applications direct access to US financial products such as stocks and exchange-traded funds (ETFs) for users outside the US. While it has yet to launch, it is expected to significantly increase access to on-chain RWA globally for retail and institutional use. The partnerships through the Alliance will ensure seamless integration and an interoperable experience. Per the official statement, the three core goals of the…
Filed under: News - @ June 17, 2025 10:27 pm