What is Ondo (ONDO)?
Ondo Finance is a leading project in the field of Real World Assets (RWAs). The core idea is to bring traditional financial assets—such as U.S. Treasury bonds—onto the blockchain and make them tradable as tokens. Ondo is thus building the bridge between the traditional financial world (TradFi) and the decentralized financial world (DeFi).
- Ondo Finance: The company that develops and manages the tokenized financial products.
- Real World Assets (RWAs): Physical or traditional financial assets (e.g., bonds, real estate) represented as tokens on a blockchain.
- ONDO Token: The governance token that gives holders voting rights over the future of the Ondo DAO (Decentralized Autonomous Organization).