Former Goldman Sachs Executives Launch Ondo Finance, Aims to Bridge Traditional Finance and Crypto
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Ondo Finance is a new crypto project focused on tokenizing real-world assets like bonds and Treasuries.
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The project is led by former Goldman Sachs employees including the president, COO, founder and CEO.
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Binance has announced support for perpetual contracts of Ondo's ONDO token with up to 50x leverage.
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Ondo believes traditional finance and DeFi will merge over the next decade, creating significant value.
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At time of writing, ONDO is trading at $0.256 with a $371 million market cap.