Bitget Wallet Joins Ondo’s Global Markets Alliance with Solana Foundation to Drive RWA Adoption

In a significant move to accelerate institutional adoption of tokenized real-world assets (RWAs), the Solana Foundation and Bitget Wallet have joined Ondo Finance's Global Markets Alliance. This coalition, which also includes Trust Wallet, Rainbow, Jupiter Exchange, 1inch, and BitGo, aims to standardize infrastructure for onchain stocks, bonds, and yield-bearing instruments. Ondo's ecosystem, now valued at $1.4 billion, is poised to revolutionize the integration of traditional finance with blockchain technology. The partnership underscores Bitget Wallet's strategic role in expanding access to RWAs and fostering interoperability across decentralized finance (DeFi) platforms. This collaboration marks a pivotal step toward bridging the gap between crypto and traditional markets, with Solana's high-performance blockchain providing the scalability needed for mass adoption. As of June 2025, the alliance is expected to unlock new liquidity streams and investment opportunities for institutional players, further solidifying crypto's role in the future of global finance.

Solana Foundation and Bitget Wallet Join Ondo’s Market Alliance as XYZVerse Eyes Strategic Push

The solana Foundation and Bitget Wallet have aligned with Ondo Finance's Global Markets Alliance, accelerating institutional adoption of tokenized real-world assets (RWAs). This coalition, which includes Trust Wallet, Rainbow, Jupiter Exchange, 1inch, and BitGo, aims to standardize infrastructure for onchain stocks, bonds, and yield-bearing instruments.

Ondo's ecosystem now commands $1.4 billion in total value locked (TVL), reflecting surging demand for blockchain-based financial products. Meanwhile, XYZVerse emerges as a dark horse from the meme coin sector, signaling potential disruption to established players.

Bitget Expands into Georgia with Digital Asset License

Bitget has secured regulatory approval to operate in Georgia, marking a strategic push into Eastern Europe. The license, granted within Tbilisi Free Zone, allows the exchange to offer custodial wallet services and digital asset trading.

Georgia's crypto-friendly policies and skilled labor pool make it an attractive hub for blockchain firms. The country ranks among global leaders in crypto mining per capita and blockchain integration.

"This aligns with the next era of finance," said Bitget CEO Gracy Chen, highlighting the region's progressive regulatory framework. The MOVE positions Bitget to capitalize on Georgia's tax incentives and growing Web3 ecosystem.

XRP Price Prediction: Speculation Mounts Over Potential Short Squeeze Rally

XRP's market dynamics are drawing intense scrutiny as traders weigh the possibility of another explosive price surge. The token's open interest in futures markets has surged to $5 billion, signaling heightened speculative activity. Derivatives traders appear to be positioning for volatility, with Bitget's Ryan Lee noting the potential for a decisive move.

Market technicians point to XRP's tight consolidation pattern as a classic precursor to breakout movements. The current lull follows a remarkable 700% rally earlier this year, when prices peaked at $2.35. While indicators like the Supertrend and MACD have turned neutral, the building pressure in derivatives markets suggests this may be the calm before another storm.

The looming possibility of a short squeeze adds fuel to bullish scenarios. Should prices break upward, forced covering by bearish traders could amplify gains. "Historically, these conditions have preceded significant moves," Lee observed, highlighting the interplay between spot market accumulation and Leveraged positions.