Highlights:
- Ondo Finance brings tokenized stocks and ETFs to the BNB Chain network.
- BNB Chain joins the Ondo Global Markets Alliance to support tokenized RWA standards.
- ONDO and BNB prices declined slightly despite the announcement.
Ondo Finance has expanded its tokenized asset offerings through a strategic integration with BNB Chain. The collaboration will enable BNB Chain users to trade over 100 U.S. stocks and funds in tokenized form. This move aims to boost TradFi accessibility and promote 24/7 digital trading through blockchain infrastructure.
BNB Chain Joins Global Markets Alliance
As part of the integration, BNB Chain has officially joined Ondo Finance’s Global Markets Alliance. This industry-wide initiative includes major wallets, exchanges, and custodians focused on shared tokenization standards. The alliance supports infrastructure for real-world asset (RWA) tokenization across multiple blockchain ecosystems.
Ondo Finance stated that users will gain access to tokenized versions of U.S. stocks, ETFs, and funds directly on BNB Chain. This includes fractionalized ownership of assets, reducing the entry cost for retail investors. The 24/7 on-chain availability marks a key shift from traditional trading hours.
The partnership also aims to offer near-instant settlements and deeper liquidity. By joining the Global Markets Alliance, BNB Chain supports the creation of a unified marketplace for RWAs. Ondo’s integration brings its TradFi-compatible digital asset suite to one of the most actively used blockchain networks.
ONDO and BNB Tokens See Modest Pullback Amid the News
Despite the integration news, both ONDO and BNB recorded minor declines over the past 24 hours. As per CoinMarketCap data, BNB traded at $686.03, down 2.55% on the day, with a market cap of $95.55 billion. The token’s 24-hour volume stood at $2.13 billion, showing a 6.99% decrease.
Meanwhile, ONDO dropped 1.94% to $0.9252, with its market cap falling to $2.92 billion. Daily trading volume increased by 5.44% to $271.89 million, indicating strong activity despite the dip. The ONDO token remains above key support levels as adoption grows across new chains.
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Source: https://coincu.com/348804-ondo-finance-integrates-with-bnb-chain-to-expand/