Ondo Finance, a Layer 1 (L1) blockchain protocol, has recently announced the launch of Ondo Global Markets, designed to enable non-US investors to access over 100 tokenized US stocks and exchange-traded funds (ETFs) on the Ethereum (ETH) blockchain.
Following this announcement, the price of Ondo’s native token, ONDO, surged over 6% close to the $1 mark after opening the week at $0.86, aligned with the broader crypto market’s correction.
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According to the protocol’s press release, Ondo Global Markets aims to provide one of the largest gateways for global exposure to US markets, particularly for eligible investors in the Asia-Pacific, African, and Latin American regions.
The newly launched platform is now live on the Ethereum blockchain, with plans to
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