Summary
- Ondo Finance (ONDO) and Pantera Capital have announced their plan to invest $250 million in a real-world asset tokenization (RWA) project.
- The investment will be made through the 'Ondo Catalyst' initiative.
- This investment focuses on the tokenization of government bonds, stocks, and other assets.
According to the US outlet Axios on the 3rd (local time), Ondo Finance (ONDO) and Pantera Capital are planning to invest a total of $250 million in a real-world asset tokenization (RWA) project through their joint initiative, Ondo Catalyst.
Ondo Catalyst aims to connect the traditional financial market with the virtual asset market and will focus investments on projects that tokenize government bonds, stocks, and other assets.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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