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Davide
@0xdavide
📊Ondo Finance will become a liquidity hub (market maket) for tokenized government bonds. If an investor wants to sell their tokenized government bonds, they can do so directly to Blackrock and Paypal who will commit to guaranteeing to provide liquidity, instead of having to find a buyer in the open market. Through Ondo Global Markets, more than 1000 tokenized NYSE and NASDAQ securities will arrive, including bonds, ETF and stocks (Apple, Tesla, Amazon, etc). All on chain, 24/7 and through lending you can obtain returns on the assets held. It will also launch its own chain via CosmosSDK with selected validators without MEV (ok it will not be the best of decentralization), Proof Of Reserves (for each tokenized asset), borrow, lending, liquid staking, staking of tokenized assets. Imagine your NVIDIA or Amazon stocks in staking (or at least in yield!). Each product will be backed 1:1 (like stablecoin).
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Davide pfp
Davide
@0xdavide
The idea of ​​building a stock portfolio in DeFi is very tempting, although I remind you that it is not something invented now but already years ago on Terra it was possible to expose oneself to takonenized stocks (Mirror Protocol). Ondo Finance is based on real-world asset tokenization, which is the representation of real-world assets such as bonds, mutual funds, and other traditional financial instruments as digital tokens on blockchain. Already with its products such as the USDY stablecoin (which allows institutional returns on USD) and its OUSG fund on U.S. Treasuries, the protocol has reached a new ATH in terms of TVL, exceeding $680 million.
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