Ondo price

The street just got a new name. 100+ tokenized U.S. stocks and ETFs are now live with @OndoFinance Global Markets via @PancakeSwap.

Just now I was talking about buying US stocks, but today the RWA leader @OndoFinance started to do things again, pointing at the @BNBCHAIN market and the huge potential user base of US stocks behind it, which is very good at pinching. Sure enough, my feelings in Singapore were right, and more and more Western high-quality projects chose to come to BSC to develop. With the recent significant outperformance of the currency circle in the US stock market, more users without US stock accounts have also begun to plan to use a little money to bet in places with more abundant water resources and simpler gameplay. This is a two-way trip. Looking at Ondo's gameplay, their integration method on bnbchain is the same as the 1inch model, and their liquidity pool comes directly from Wall Street, which is also their feature. Compared to other opponents such as xStocks, Ondo's stock token purchase slippage is very small. Because the liquidity of stocks and ETFs is directly inherited from traditional stock exchanges, even if you trade 1 million dollars at one time, the slippage on the Seven Sisters is surprisingly small. In addition, Ondo has a relatively complete solution to the problem of how to harvest dividends for stocks that everyone has been concerned about before, when users buy stocks (such as AAPL), the Global Markets platform will buy equivalent real shares through brokers, and if dividends are paid, the price of stocks will also be automatically adjusted, so there is no need to worry at all. Previously, Ondo only ran on Ethereum, but this time it chose @BNBCHAIN as the first stop for expansion, which shows the importance it attaches to BSC and its main user group - Asia, Latin America, Africa and other regions. Of course, on the other hand, it is also because these places really have rigid needs, for example, the Chinese people are now closed to open a US stock account, and those who open an account have to pay taxes, if you can easily trade US stocks through Bnbchain, I am a little tempted to switch from Futu and Tiger. You must know that one of the characteristics of stocks and coins is that they have Defi potential, and the efficiency of capital utilization can be further improved. More and more currency applications have begun to really intervene in daily life, which is the biggest difference between this cycle and before.

Now @OndoFinance surprised everyone again. They're expanding to the BNB Chain. BNB Chain and Ondo Finance have entered into a strategic partnership within the scope of RWAs. This partnership aims to support Ondo Finance's products, such as 100+ tokenized US stocks, ETFs, and funds, on the BNB Chain network. Let's keep an eye out for the RWA side and follow @OndoFinance closely.