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TechOndo Finance Launches Ondo Network, an Execution Layer for RWA Tokenization
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Ondo Finance announced the launch of the Ondo Network, a new execution layer for real-world asset (RWA) tokenization. The network separates execution, verification, and settlement: secure hardware enclaves handle fast private trades, a decentralized group of attestors verifies code integrity, and settlement occurs on Ethereum. CEO Ian De Bode stated the project replaces the earlier Ondo Chain plan, as execution speed was the key constraint for high-performance trading. The first application is Ondo Perps, a 24/7 perpetual futures venue for tokenized stocks and commodities, with future use cases including spot markets, lending, and structured products. The announcement follows Oasis Pro Markets, Ondo's broker-dealer arm, receiving SEC and FINRA approval to offer tokenized equities to U.S. investors.
Source report
Source: Bankless
Ondo Finance today announced the launch of the Ondo Network, a new execution layer designed to combine centralized exchange (CEX)-level speed with non-custodial, onchain-verifiable settlement.
Key Details
- Architecture: Unlike traditional blockchains that handle execution, verification, and settlement on a single shared ledger, the Ondo Network splits these functions across three layers:
- Secure hardware enclaves execute trades privately and at high speed.
- A decentralized group of attestors verifies that the enclaves are running approved code.
- Settlement occurs onchain, initially on Ethereum.
- Strategic Shift: CEO Ian De Bode told The Block that the Ondo Network supersedes Ondo Chain, the company's earlier blockchain plan. Development of Ondo Perps revealed that execution speed—not settlement—was the primary constraint for high-performance trading. As a result, the team abandoned the traditional full-stack blockchain model in favor of this split-layer architecture.
- First Application: Ondo Perps, the firm's 24/7 perpetual futures platform for tokenized stocks and commodities, will be the network's debut application. Ondo positions the infrastructure as general-purpose, with potential future use cases including spot markets, lending, and structured products.
- Regulatory Momentum: The announcement comes just days after Ondo's broker-dealer arm, Oasis Pro Markets, received SEC and FINRA approval to offer tokenized equities to U.S. investors—signaling the company's aggressive push across multiple fronts.
Source
Yahoo FinanceWestern
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Ondo Finance Unveils the Ondo Network