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Ondo Finance Launches $693M Game-Changing Treasury Token on XRP Ledger as RWA Mania Peaks
Ondo Finance Launches $693M Game-Changing Treasury Token on XRP Ledger as RWA Mania Peaks
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Wall Street meets blockchain—again. Ondo Finance just dropped a $693 million treasury-backed token on the XRP Ledger, riding the real-world asset (RWA) wave that''s got TradFi veterans and crypto degens alike scrambling for yield.
Why this matters
Forget JPEGs—tokenized Treasuries are crypto''s new golden goose. With institutional money flooding into RWAs, Ondo''s move onto XRPL isn''t just smart timing—it''s a power play for dominance in the $10T+ tokenization race.
The cynical take
Another day, another ''revolutionary'' bridge between crypto and legacy finance. Will this actually unlock liquidity—or just give hedge funds a shiny new way to repackage the same old debt? Place your bets.
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