Key Takeaways
- Ondo Finance launched the Global Markets Alliance, partnering with leading wallets, exchanges, custodians, and infrastructure providers to establish standards for tokenized capital markets.
- The alliance comes ahead of the launch of Ondo Global Markets, a platform designed to offer tokenized access to U.S. financial assets for non-U.S. investors.
- Ondo previously expanded its (OUSG) product to the XRP Ledger, enhancing settlement speed and access for institutional investors, through Ripple’s RLUSD stablecoin.
- ONDO token is currently trading at $0.7384, with short-term charts suggesting a potential rebound, while longer-term indicators remain cautious.
- These moves reflect a broader industry trend toward institutional adoption of real-world asset tokenization.
Ondo Finance has announced the launch of the Global Markets Alliance, a coalition of leading wallets, exchanges, custodians, and infrastructure providers from around the world, aimed at building interoperable infrastructure and setting shared standards for tokenized capital markets.
According to the announcement, the alliance aims to define cross-platform standards for investor protections, liquidity, composability, and access to tokenized securities. It is structured to ensure that every critical component of the tokenized securities stack is represented.
The Alliance brings in major wallets, such as Bitget, Trust Wallet, and Rainbow, to advance self-custody and user interfaces. Meanwhile, custody services are provided by institutional-grade players like BitGo and Fireblocks.
Access and liquidity are handled by DeFi platforms Jupiter and 1inch, while Alpaca represents brokerage infrastructure, supporting the back-end infrastructure required for trading tokenized equities.
According to Ondo, each partner is intended to fill a distinct role to help establish a complete, interoperable framework for on-chain capital markets.
Global Markets Platform on the Horizon
In the announcement tweet thread, Ondo Finance mentioned that this initiative comes as it prepares to launch Ondo Global Markets, a platform intended to bridge traditional finance and DeFi by offering investors tokenized structured products.
However, the tokenized assets (GM Assets), are expected to be backed by the U.S. dollar value of underlying securities, while remaining distinct in structure, performance, and risk. As clarified in Ondo’s legal disclosure, these assets will not be available to U.S. investors and will not be registered under U.S. securities laws.
From XRPL Integration to Alliance Formation
The announcement follows another strategic development from Ondo Finance: the launch of its tokenized short-term U.S. Treasury product, OUSG, on the XRP Ledger (XRPL). This move allows qualified investors to buy and sell (OUSG) directly on XRPL, with transactions settled using Ripple’s new stablecoin, (RLUSD).
By using blockchain rails, the integration is designed to offer faster settlement and continuous access, allowing institutions to manage their capital more efficiently.
Can Ondo’s Institutional Expansion Fuel ONDO’s Next Breakout?
ONDO, the native token of Ondo Finance, is currently trading at $0.7384, with market indicators suggesting a phase of stabilization following recent volatility.
On the daily timeframe, the token remains well below its earlier highs, with technical indicators such as the MACD still in negative territory and the RSI hovering around 43, signaling ongoing consolidation and cautious sentiment.
However, the hourly chart shows a more dynamic scene. The RSI has sharply recovered from extreme oversold conditions, and a potential MACD crossover suggests the possibility of a short-term upward move.
This rebound may reflect renewed speculative interest following Ondo Finance’s recent announcements: the formation of the Global Markets Alliance and the integration of its tokenized Treasury product, OUSG, onto the XRP Ledger.
While these initiatives may not immediately trigger a breakout, they mark a strategic shift toward institutional-grade infrastructure. Should this expansion translate into real-world adoption or capital inflows, ONDO could move from a consolidation phase into a stronger accumulation trend, laying the foundation for a potential long-term recovery.
Read More: The Era of Digital Wallets and Tokenized Assets Is Here, says Jenny Johnson
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