Ondo charts a path from tokenized assets to on-chain prime brokerage

Core Insights - Ondo Finance has surpassed $2 billion in Total Value Locked (TVL) and is focusing on building a comprehensive on-chain prime brokerage by 2026 [1] Company Strategy - The firm is transitioning from simple asset issuance to a more complex financial service model [1] - A significant component of this strategy is the launch of Ondo Perps, which enables users to trade perpetual futures on equities and commodities [1] Product Offering - Ondo Perps allows users to utilize their tokenized spot assets as collateral for trading [1] - The platform aims to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi) [1] Market Access - Ondo is positioning crypto wallets as a gateway for global investors to access, hedge, and leverage over 200 tokenized stocks and ETFs around the clock [1]