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World Liberty Financial Expands Investment in Ondo Finance

Donald Trump CFN
  • World Liberty Financial acquired 342,000 ONDO tokens for $470,000 USDC, marking its second investment in Ondo Finance.
  • Ondo Finance is launching Ondo Chain, a layer-1 blockchain designed for tokenized assets with contributions from major financial institutions.
  • Ondo Chain will use an invitation-only validator system to address regulatory concerns, allowing only reputable and regulated institutions.

World Liberty Financial, a decentralized finance (DeFi) platform associated with Donald Trump and his family, has increased its stake in Ondo Finance (ONDO), a key player in tokenized Treasury bonds. Blockchain analytics firm Arkham Intelligence reported that a wallet linked to World Liberty Financial recently acquired 342,000 ONDO tokens for $470,000 USDC through CoW Protocol. This marks the platform’s second ONDO purchase, following a $245,000 acquisition two months ago. The tokens were subsequently moved to Coinbase Prime earlier this week.

Strategic Investment in Ondo Finance

Ondo Finance ranks as the second-largest issuer of tokenized Treasury bonds, drawing institutional interest. The recent investment by World Liberty Financial comes at a time when Ondo Finance is making significant advancements in blockchain development. The firm announced plans to launch Ondo Chain, a layer-1 blockchain tailored for tokenized assets.

At the Ondo Summit, the company’s chief strategy officer Ian De Bode provided insights into the development of Ondo Chain. He stated that some of the world’s largest financial institutions contributed to its creation. The initiative seeks to merge the accessibility of public blockchains with the compliance and security features found in permissioned networks.

Institutional Validators and Regulatory Focus

Ondo Chain will operate under an invitation-only validator system, a measure aimed at addressing regulatory concerns from financial institutions. De Bode explained that only recognized, reputable, and typically regulated institutions will serve as validators. This structure is intended to align with regulatory frameworks while maintaining the efficiency of blockchain technology.
The expansion of World Liberty Financial’s investment in ONDO signals a growing institutional interest in tokenized financial products. As Ondo Finance moves forward with its blockchain development, the industry is closely monitoring the implications for regulatory compliance and institutional adoption of tokenized assets.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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