Bitget Insights: Solana, BitGo, and Fireblocks Collaborate with Ondo Finance to Pioneer Tokenized RWAs

In a significant development for the cryptocurrency and decentralized finance (DeFi) sectors, Ondo Finance has unveiled the Global Markets Alliance, a groundbreaking coalition designed to connect U.S. financial markets with global investors through tokenized securities. This alliance boasts participation from industry heavyweights such as the Solana Foundation, BitGo, and Fireblocks, alongside popular wallets like Trust Wallet and Rainbow Wallet. The initiative aims to set interoperability standards for onchain stocks, ETFs, and mutual funds, marking a pivotal step toward the mainstream adoption of tokenized real-world assets (RWAs). As of June 2025, this collaboration signals a robust push for institutional-grade crypto solutions, with Bitget users poised to benefit from the enhanced liquidity and accessibility these innovations promise.

Solana, BitGo, Fireblocks Join Ondo for Tokenized RWAs

Ondo Finance has launched the Global Markets Alliance, a coalition aimed at bridging U.S. financial markets with global investors through tokenized securities. The alliance includes major crypto players such as solana Foundation, BitGo, and Fireblocks, alongside wallets like Trust Wallet and Rainbow Wallet.

The initiative seeks to establish interoperability standards for onchain stocks, ETFs, and mutual funds. Ondo's upcoming platform, ONDO Global Markets, will enable non-U.S. users to access tokenized U.S. securities directly through wallets and applications.

"Access to U.S. capital markets has historically been gated and inefficient," said Nathan Allman, CEO of Ondo Finance. "Standardization is essential to unlock the full potential of tokenized securities." The alliance underscores the growing institutional push to merge traditional finance with blockchain infrastructure.

Bitcoin Eyes $160K by Year-End as Crypto Markets Stabilize Amid Geopolitical Calm

Bitcoin reclaimed the $106,000 level after briefly dipping below $99,000 earlier this week, buoyed by stabilizing global markets as tensions between Israel and Iran showed signs of easing. Ether edged up 0.5% to $2,400, testing resistance at $2,450, while Solana and Cardano saw minor pullbacks to $145 and $0.58 respectively.

"The market's hesitation to rebound immediately after Bitcoin's dip reflects lingering caution," said Ryan Lee, chief analyst at Bitget Research. Despite short-term volatility, Lee projects BTC could reach $110,000-$115,000 by Q3 and $130,000-$160,000 by December, with Ether potentially climbing to $2,600-$2,800 near-term and $5,500 longer-term.

The recovery aligns with improved risk sentiment across financial markets. U.S. equity futures gained alongside Asian stocks, while Treasury yields firmed after Fed Chair Jerome Powell's remarks on policy flexibility. Bitcoin's structural support remains strong with ETF inflows now totaling $46 billion, reinforcing its dual role as risk asset and potential SAFE haven.