USDJPY
EURUSD
Crypto
Ondo wants to rebuild prime brokerage on-chain — and perps are the first step
Key Takeaways (30s Read)
Ondo leverages the growth of tokenized assets to build a full-stack on-chain financial services ecosystem.
Ondo is set to rebuild its prime brokerage services on-chain, capitalizing on the rapid growth of tokenized assets. The initiative aims to utilize perpetual contracts (perps) as the first step towards establishing a comprehensive on-chain financial services ecosystem. This new approach intends to enhance liquidity in digital assets and provide accessible services to a broader range of investors. Compared to traditional prime brokerages, the on-chain structure is expected to bring increased transparency and efficiency, leading to reduced transaction costs and faster execution. Ondo's summit included discussions on the detailed plans and potential impacts of this transformative platform.
AI Analyst
AI Opinion
"Ondo's recent announcement emphasizes significant change in the crypto market, especially in response to the rising momentum of tokenized assets. The on-chain prime brokerage model it is pursuing strengthens its position as an innovative alternative to traditional finance. By leveraging perpetual contracts, investors are expected to enjoy higher efficiency and liquidity. However, market volatility and regulatory changes remain risks that need to be monitored closely. Ondo's efforts could potentially lead to further digitalization of the financial sector in the future."
RECOMMENDED BROKER Trusted Broker
Maximize This Opportunity.
Turn AI-detected market inefficiencies into profit with industry-leading specs. There's a reason pros choose Exness.
Raw Spreads
0.0 pips~
Leverage
Unlimited
Execution
Instant
AI Market Analysis Team
Combining advanced AI algorithms with professional trader insights. We analyze market drivers 24/7 to provide objective trading scenarios.