US President Donald Trump-backed World Liberty Financial has partnered with Ondo Finance (ONDO) to increase the adoption and tokenization of real-world assets.
Ondo Finance announced the partnership in its official blog post and shared the details:
“World Liberty Financial (WLFI) and Ondo Finance have announced a strategic collaboration to advance the adoption of tokenized real-world assets (RWAs) and bring traditional finance on-chain.”
According to the statement, as part of the collaboration, WLFI will explore the integration of Ondo’s tokenized assets into the WLFI network as treasury reserve assets.
“Our collaboration with Ondo Finance is an important step in aligning traditional financial systems with blockchain innovation. By integrating Ondo’s tokenized assets, we are providing secure returns and unparalleled access to traditional financial assets on our network,” said Donald Trump Jr., Web3 representative at World Liberty Financial.
“We are excited to work with World Liberty Financial to deliver the benefits of tokenized real-world assets to their platform and users. This collaboration highlights the growing demand for enterprise-grade on-chain solutions that deliver stability, liquidity and utility at scale,” said Nathan Allman, CEO of Ondo Finance.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/just-in-trump-backed-cryptocurrency-project-world-liberty-financial-partners-with-this-altcoin-listed-on-binance/