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Ondo Abandons Tokenized Asset Blockchain for Private High-Speed Trading Network

Ondo Abandons Tokenized Asset Blockchain for Private High-Speed Trading Network
Ondo Finance has pivoted from its original plans to build a tokenized asset blockchain, instead focusing on developing a private, high-speed trading network. The decision marks a strategic shift towards institutional-grade trading infrastructure, prioritizing speed and privacy over public blockchain transparency. This move could significantly impact the tokenized asset sector and Ondo's competitive positioning in the DeFi and RWA (Real World Asset) markets. The new network aims to attract institutional investors seeking faster settlement and enhanced privacy for trading tokenized securities and other digital assets.
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