Core Insights - Ondo Finance launched the Ondo Bridge for tokenized stocks and ETFs on Ethereum and BNB Chain, enabling seamless transfers of over 100 tokenized assets [1][4] - The tokenization market is growing, with Ondo Finance establishing itself as a key player, having surpassed $350 million in total value locked and $2 billion in trading volume [3] - The new bridging system replaces isolated per-token bridges with a unified framework, facilitating the cross-chain movement of hundreds of tokenized assets [4] Company Developments - Ondo Bridge allows for the integration of additional Ethereum Virtual Machine (EVM) chains within weeks, enhancing its scalability [5] - Over 2,600 applications and protocols integrated with LayerZero can now easily add Ondo assets, promoting broader adoption [6] - Ondo Finance's President emphasized the importance of seamless transfers and the potential for advanced cross-chain use cases, positioning Ondo tokenized stocks as foundational DeFi assets [7]

Core Viewpoint - The CEO of Robinhood Markets Inc. predicts that traditional trading hours are becoming obsolete due to asset tokenization, which will enable 24/7 global markets [1][2]. Group 1: Market Structure and Future Predictions - Vlad Tenev argues that the current market structure, which includes closures on weekends and holidays, is a temporary limitation that will soon seem outdated [2]. - Tenev compares the shift towards 24/7 trading to the advent of mobile trading, suggesting that access to constant trading will soon be taken for granted [3]. Group 2: Robinhood's Initiatives - Robinhood is already utilizing blockchain technology in Europe to facilitate 24/7 trading and faster settlements, as stated by Johann Kerbrat, GM of Robinhood Crypto [3]. - The company is developing its own Layer 2 blockchain based on Arbitrum technology to support the tokenization of assets like stocks and ETFs for European customers [4]. Group 3: Industry Trends - The financial industry is increasingly moving towards tokenized, always-on trading, with Robinhood not being the only player in this space [4]. - Competitor Kraken has also launched 24/7 tokenized stock trading for global users via the Solana blockchain in the European Union, aiming to reduce friction and high fees for international investors [5].