Bitget-Backed Ondo (ONDO) Gains Momentum with Tokenized Securities Alliance

Ondo (ONDO) has seen a notable rise, climbing 1.5% in the past 24 hours to trade at $0.7774, maintaining its position near recent highs after a week of strong gains. This upward trend follows the announcement of a significant industry collaboration focused on tokenized securities, highlighting the growing integration of blockchain technology in traditional finance. On June 17, Ondo Finance unveiled the Global Markets Alliance, a coalition that includes prominent players such as Solana Foundation, BitGo, Fireblocks, Trust Wallet, 1inch, Jupiter, Rainbow Wallet, and Bitget Wallet. This alliance aims to drive innovation in tokenized securities, further solidifying Ondo's position in the market. The partnership underscores the increasing demand for blockchain-based financial solutions and reflects broader optimism in the cryptocurrency sector. As institutional interest grows, Ondo's strategic initiatives and partnerships position it as a key player in the evolving landscape of digital assets.

Ondo (ONDO) Rises Amid Tokenized Securities Alliance and Market Optimism

Ondo (ONDO) climbed 1.5% in the past 24 hours to trade at $0.7774, holding NEAR recent highs after a week of strong gains. The upward momentum follows the announcement of a major industry collaboration focused on tokenized securities.

On June 17, Ondo Finance introduced the Global Markets Alliance, a coalition including solana Foundation, BitGo, Fireblocks, Trust Wallet, 1inch, Jupiter, Rainbow Wallet, Bitget Wallet, and Alpaca. The group aims to improve interoperability, investor protection, and access to tokenized real-world assets (RWAs).

This alliance supports Ondo’s upcoming launch of ONDO Global Markets, a platform enabling non-U.S. users to access tokenized versions of U.S. stocks, ETFs, and mutual funds. By targeting friction in traditional finance and boosting global access, Ondo is positioning itself at the forefront of blockchain-integrated capital markets.

Technical indicators show Ondo rising from $0.749 to $0.769 between June 28–29, marking a 2.67% gain. Support was confirmed at $0.755, with resistance at $0.765 broken on high volume.

Mastercard and Bitget Wallet Launch Zero-Fee Crypto Cards for Global Payments

Mastercard has partnered with Bitget Wallet to introduce a zero-fee cryptocurrency payment card, enabling real-time crypto-to-fiat conversions. Initially available in the UK and EU, the card will expand to Latin America, Australia, and New Zealand in the coming months. The card leverages Mastercard's "Digital First" technology, allowing users to receive digital cards within minutes of approval and integrate them seamlessly with Apple Pay and Google Pay.

Early adopters benefit from 5% cash back and yield opportunities, enhancing the appeal for crypto holders seeking practical spending solutions. The collaboration underscores the payments industry's growing recognition of digital assets, with Mastercard, Visa, and JPMorgan all making recent moves in the crypto space.

Transactions settle on-chain through automatic conversions, ensuring compliance with Mastercard's regulatory standards. The card's integration with Bitget Wallet's mobile app simplifies access to global merchants, further bridging the gap between crypto and traditional finance.