Ondo (ONDO): what you need to knowOndo (ONDO): what you need to know

Ondo is a protocol that brings traditional financial products on-chain by tokenising real-world assets (RWAs) such as US Treasuries. This allows both institutional and retail users to gain exposure to stable yield products through the blockchain. The native token ONDO is used for governance of the Ondo protocol.

Source: https://docs.ondo.finance/

Ondo issues tokenised products such as OUSG and USDY, backed by portfolios of US Treasuries and money market funds. These tokens can be traded or used as collateral in DeFi protocols. ONDO holders can submit and vote on governance proposals through the Ondo Foundation.

• Ticker: ONDO

• Category: RWA / Tokenisatie

• Blockchain: Ethereum

• Protocol: ERC-20

• Year of launch: 2024

ONDO is an ERC-20 token on Ethereum, while Ondo's tokenised RWA products are made available across multiple chains, including Ethereum, Solana and Layer 2s. The project is building Ondo Chain, an institutional-focused Layer 1 for RWA applications, and partners with players such as BlackRock for the underlying funds.

Ondo has grown into one of the largest RWA protocols, with billions of dollars in tokenised US Treasuries on-chain. The protocol is integrated into DeFi platforms for collateral and yield, and has attracted attention from both crypto-native users and traditional financial institutions experimenting with tokenisation.

Ondo Finance was founded by Nathan Allman, a former Goldman Sachs employee, together with Pinku Surana. The project explicitly focuses on bridging traditional finance and DeFi. Governance runs through the Ondo Foundation, in which ONDO holders have voting rights.

BTC Direct has been the European entry point to crypto since 2013. We make buying Ondo straightforward, even if it is your first time:

• Trusted in Europe. BTC Direct is registered with the Dutch Central Bank (DNB) and operates under MiCA, the EU regulation for crypto.

• Familiar payment methods. Pay with iDEAL, Bancontact, Sofort, SEPA bank transfer, credit card, PayPal or Apple Pay. Your ONDO is on its way within minutes.

• Your coins, your control. We do not store your ONDO. After your purchase, your coins are sent straight to your own wallet address.

• Based in the Netherlands, serving all of Europe. Our experts are based in the Netherlands and answer in your language across the SEPA zone. Need help? We are here.

• Start with a small amount. From just €30. The minimum varies per coin.

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For more technical information about Ondo, visit the official website.

Cryptocurrencies, including Ondo (ONDO), are volatile and carry risks. The value of ONDO can fluctuate greatly and investments can lead to financial losses. Always do your own research and only invest money that you are willing to lose.

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