OndoFinance
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Ondo Finance is experiencing significant developments that are driving interest in its ONDO token.
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 & Exchange Listing Price $0.30, Don’t miss this opportunity; join the pre-sale at the official website [(PlayAiGames.Online)
Recently, the token showed signs of potential growth after testing a critical support level at $0.68 and rebounding. Analysts suggest that if this momentum continues, ONDO could target resistance at $0.93 and potentially even higher levels.
Additionally, Ondo Finance is expanding its global presence, particularly in the Asia-Pacific region, where it has opened a new office.
This expansion aligns with the growing interest in digital assets in the region and is part of Ondo's strategy to make US-based tokenized assets more accessible worldwide.
This includes their offerings such as OUSG, OMMF, and USDY tokens, which provide exposure to US Treasuries and money
#Ondo #OndoFinance #Altcoins #Blackrock #TONonBinance $BTC $BNB $SOL
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 & Exchange Listing Price $0.30, Don’t miss this opportunity; join the pre-sale at the official website [(PlayAiGames.Online)
Recently, the token showed signs of potential growth after testing a critical support level at $0.68 and rebounding. Analysts suggest that if this momentum continues, ONDO could target resistance at $0.93 and potentially even higher levels.
Additionally, Ondo Finance is expanding its global presence, particularly in the Asia-Pacific region, where it has opened a new office.
This expansion aligns with the growing interest in digital assets in the region and is part of Ondo's strategy to make US-based tokenized assets more accessible worldwide.
This includes their offerings such as OUSG, OMMF, and USDY tokens, which provide exposure to US Treasuries and money
#Ondo #OndoFinance #Altcoins #Blackrock #TONonBinance $BTC $BNB $SOL
ONDO Jumps 30% After Big Perpetual Listing
On August 6, Ondo Finance’s native token, ONDO, surged nearly 30% after OKX, a major crypto exchange in Asia, announced it would list perpetual futures for the token.
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lisiting $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
This listing has increased excitement and optimism among investors, especially as the broader market shows signs of recovery. The listing is expected to attract new investments and boost the token’s value further.
OKX Lists ONDO Token on Perpetual Futures Market
On August 6, OKX announced that it will list the ONDO token on its perpetual futures market at 10:30 AM UTC. This listing will allow users to trade the token with up to 50x leverage, potentially increasing its appeal and trading volume.
Additionally, the announcement included the launch of spot margin trading and ‘Simple Earn’ for the ONDO token, starting at 10:00 AM UTC. These new features are expected to attract more users and boost the token’s ecosystem.
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lisiting $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
Historically, similar listings, like those for PEPE, MKR, and AAVE on Coinbase, have generated positive market sentiment. Adding to the intrigue, recent on-chain data from Arkham shows that the BlackRock BUIDL fund transferred $8.1 million worth of tokens to Ondo Finance in the past day, which may further influence the token’s price following recent market fluctuations.
ONDO Token Surges 32.78% Amid Market Recovery
As of writing, the ONDO token has risen 32.78% in the past 24 hours, reaching a price of $0.7134. During this period, its price fluctuated between $0.5056 and $0.75. This significant increase is occurring alongside a broader recovery in the cryptocurrency market and gains in Japan’s Nikkei and Topix indices, both up 12%.
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lisiting $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
Derivatives data from Coinglass highlights a strong upward trend for ONDO today. The open interest for the token surged by 40.32% to $88.38 million, while derivatives trading volume increased by 22.15% to $832.87 million, reflecting heightened investor interest.
Additionally, the Relative Strength Index (RSI) for ONDO is around 26, indicating that the token is in oversold territory. This situation may attract more buyers and contribute to further positive price movements.
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lisiting $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Ondo #OndoFinance #RWA #Bitcoin #Ethereum $ONDO $BTC $ETH $SOL
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lisiting $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
This listing has increased excitement and optimism among investors, especially as the broader market shows signs of recovery. The listing is expected to attract new investments and boost the token’s value further.
OKX Lists ONDO Token on Perpetual Futures Market
On August 6, OKX announced that it will list the ONDO token on its perpetual futures market at 10:30 AM UTC. This listing will allow users to trade the token with up to 50x leverage, potentially increasing its appeal and trading volume.
Additionally, the announcement included the launch of spot margin trading and ‘Simple Earn’ for the ONDO token, starting at 10:00 AM UTC. These new features are expected to attract more users and boost the token’s ecosystem.
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lisiting $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
Historically, similar listings, like those for PEPE, MKR, and AAVE on Coinbase, have generated positive market sentiment. Adding to the intrigue, recent on-chain data from Arkham shows that the BlackRock BUIDL fund transferred $8.1 million worth of tokens to Ondo Finance in the past day, which may further influence the token’s price following recent market fluctuations.
ONDO Token Surges 32.78% Amid Market Recovery
As of writing, the ONDO token has risen 32.78% in the past 24 hours, reaching a price of $0.7134. During this period, its price fluctuated between $0.5056 and $0.75. This significant increase is occurring alongside a broader recovery in the cryptocurrency market and gains in Japan’s Nikkei and Topix indices, both up 12%.
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lisiting $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
Derivatives data from Coinglass highlights a strong upward trend for ONDO today. The open interest for the token surged by 40.32% to $88.38 million, while derivatives trading volume increased by 22.15% to $832.87 million, reflecting heightened investor interest.
Additionally, the Relative Strength Index (RSI) for ONDO is around 26, indicating that the token is in oversold territory. This situation may attract more buyers and contribute to further positive price movements.
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lisiting $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Ondo #OndoFinance #RWA #Bitcoin #Ethereum $ONDO $BTC $ETH $SOL
👇Don’t miss ONDO guys will outperform the market
🎯Reasons to buy ONDO👇
1️⃣Give loans in USDC by keeping collateral as T-bills
2️⃣Backers : Pantera, Coinbase, balckrock(for handling their funds)
3️⃣ 200M TVL as per defilama
4️⃣ 2nd Rank in RWA projects
5️⃣ Binance listing soon
#ONDO/USDT #OndoFinance #HotTrends
🎯Reasons to buy ONDO👇
1️⃣Give loans in USDC by keeping collateral as T-bills
2️⃣Backers : Pantera, Coinbase, balckrock(for handling their funds)
3️⃣ 200M TVL as per defilama
4️⃣ 2nd Rank in RWA projects
5️⃣ Binance listing soon
#ONDO/USDT #OndoFinance #HotTrends
📊 The Total Value Locked (TVL) in Real World Assets has shown significant growth, with Maker #RWA leading the market, peaking at $3.37 billion in 2023.
#OndoFinance consistently ranks second in TVL, ranging between $154 million and $203 million.
MatrixDock and Solv Funds also demonstrate strong performance, with TVLs peaking at $123 million and $833 million, respectively.
#OndoFinance consistently ranks second in TVL, ranging between $154 million and $203 million.
MatrixDock and Solv Funds also demonstrate strong performance, with TVLs peaking at $123 million and $833 million, respectively.
His picks cover RWA, AI, DePin, Layer-1🤯
Here are all 10 coins, comments on each:👇
Bookmark this🧵for future reference
🏚️RWA
1. #OndoFinance
"Ondo just announced their new global markets initiatives which is a new paradigm for security tokenization. They're one of the premier platforms for earning on-chain yield and pretty much the RWA leader. I do see $ONDO going higher"
2. $PENDLE - #pendle_fi
"Pendle keeps pushing higher and I like dip on this coin"
3. $OM - #MantraChain
"Mantra is one that I've taking a position on recently"
🤖AI
4,5,6. $FET $AGIX $OCEAN - @Fetch_ai @SingularityNET @oceanprotocol
"These coins are merging into one token - which will create a new powerhouse in the AI sector. These 3 AI projects consider merging into an $ASI token with a $7.5 billion FDV. If this happens - this would be the ultimate proxy for AI"
⚙️DePin
7. $AIOZ - @AIOZNetwork
"Aioz network is one AI project I've got a position in and a coin that I really like"
8. $AR - @ArweaveEco
"I wanted to point out Arweave which is one of the top bets in the sector as well. They recently announced their supercomputer network – which I think is a massive catalyst. $AR is also fully diluted which means no dilution is to come which means price can be more responsive to demand-side pressure"
9. $ATOR - @atorprotocol
"Ator is a protocol which was silently building for a long time but is recently been exploding off the back of some major development and partnerships. This is one that I've recently been taking a position in - and I think $ATOR still has a lot of upside considering what they've got coming"
🛜Layer-1
10. $TON - @toncoin
"Toncoin is performing really strongly. They have access to 900 million users through the Telegram app and they now are requiring you to use the TON blockchain to withdraw your earning as a creator if you have a group on the platform. They've barely really tapped into their user-base – so I'm bullish on $TON "
#RWAProjects
Here are all 10 coins, comments on each:👇
Bookmark this🧵for future reference
🏚️RWA
1. #OndoFinance
"Ondo just announced their new global markets initiatives which is a new paradigm for security tokenization. They're one of the premier platforms for earning on-chain yield and pretty much the RWA leader. I do see $ONDO going higher"
2. $PENDLE - #pendle_fi
"Pendle keeps pushing higher and I like dip on this coin"
3. $OM - #MantraChain
"Mantra is one that I've taking a position on recently"
🤖AI
4,5,6. $FET $AGIX $OCEAN - @Fetch_ai @SingularityNET @oceanprotocol
"These coins are merging into one token - which will create a new powerhouse in the AI sector. These 3 AI projects consider merging into an $ASI token with a $7.5 billion FDV. If this happens - this would be the ultimate proxy for AI"
⚙️DePin
7. $AIOZ - @AIOZNetwork
"Aioz network is one AI project I've got a position in and a coin that I really like"
8. $AR - @ArweaveEco
"I wanted to point out Arweave which is one of the top bets in the sector as well. They recently announced their supercomputer network – which I think is a massive catalyst. $AR is also fully diluted which means no dilution is to come which means price can be more responsive to demand-side pressure"
9. $ATOR - @atorprotocol
"Ator is a protocol which was silently building for a long time but is recently been exploding off the back of some major development and partnerships. This is one that I've recently been taking a position in - and I think $ATOR still has a lot of upside considering what they've got coming"
🛜Layer-1
10. $TON - @toncoin
"Toncoin is performing really strongly. They have access to 900 million users through the Telegram app and they now are requiring you to use the TON blockchain to withdraw your earning as a creator if you have a group on the platform. They've barely really tapped into their user-base – so I'm bullish on $TON "
#RWAProjects
NAVI Protocol partners with Ondo Finance to promote institutional DeFi adoption.
#NAVIProtocol, the one-stop liquidity protocol built on Sui, partners with real-world assets platform #OndoFinance to promote institutional #DeFi adoption. This partnership brings a $USDY interest-bearing token backed by the U.S. Treasury on the Sui network. $USDY, a tokenized bearer note, introduces a yield-bearing alternative to traditional stablecoins, providing holders with yields from reserves.
👉 x.com/navi_protocol/status/1763613258060059134?s=20
#NAVIProtocol, the one-stop liquidity protocol built on Sui, partners with real-world assets platform #OndoFinance to promote institutional #DeFi adoption. This partnership brings a $USDY interest-bearing token backed by the U.S. Treasury on the Sui network. $USDY, a tokenized bearer note, introduces a yield-bearing alternative to traditional stablecoins, providing holders with yields from reserves.
👉 x.com/navi_protocol/status/1763613258060059134?s=20
MANTRA Mania: Airdrops, Hackathons, Incubators, and more!
@MANTRA_Chain's ecosystem is booming with exciting developments:
✅USDY Vault Launch: Earn 5.3% APY stable RWA yield!
✅OM x ONDO Rewards: Double dip on rewards for staking!
✅Hackers Hideout Hackathon: Put your skills to the test!
✅Incubator Program 2024: Fueling the future of DeFi!
✅Hongbai Testnet Progress: Innovation in the works!
P.S. #MANTRA's USDY Vault is a win-win!
#OndoFinance #RWA #Tokenization #LFG
@MANTRA_Chain's ecosystem is booming with exciting developments:
✅USDY Vault Launch: Earn 5.3% APY stable RWA yield!
✅OM x ONDO Rewards: Double dip on rewards for staking!
✅Hackers Hideout Hackathon: Put your skills to the test!
✅Incubator Program 2024: Fueling the future of DeFi!
✅Hongbai Testnet Progress: Innovation in the works!
P.S. #MANTRA's USDY Vault is a win-win!
#OndoFinance #RWA #Tokenization #LFG
🔴 TRADE - ONDO / USDT
✅️ Buy Zone - 0.54$ to 0.52$
🎯Sell Target
1 0.56$
2. 0.57$
3. 0.58$
4. 0.59$
5. 0.60$
🛑Stop loss 0.49$ -( SL Must Use )
#ondousdt #ONDO/USDT #OndoFinance #BTC🔥🔥🔥🔥 #Bitcoin(BTC)
✅️ Buy Zone - 0.54$ to 0.52$
🎯Sell Target
1 0.56$
2. 0.57$
3. 0.58$
4. 0.59$
5. 0.60$
🛑Stop loss 0.49$ -( SL Must Use )
#ondousdt #ONDO/USDT #OndoFinance #BTC🔥🔥🔥🔥 #Bitcoin(BTC)
Ondo Finance and Aptos Foundation Announce Partnership to Tokenize RWAs. 🤝🌐
Ondo Finance and Aptos Foundation have united in a strategic alliance, aiming to reshape the integration of real-world assets (RWAs) using blockchain technology. With ties to financial giants like Blackrock and Goldman Sachs, this collaboration brings together unparalleled expertise.
Led by Goldman Sachs's Digital Assets veterans, Ondo Finance collaborates with institutional-grade service providers, including Blackrock. Aptos Foundation, founded by ex-Meta engineers, utilizes the Move programming language for safety and flexibility in financial applications.
Ondo's tokenized US Treasuries product, USDY, is set to integrate onto the Aptos blockchain, expanding beyond Ethereum, Solana, and Mantle. The collaboration aims to develop new staking processes, enhancing utility and capital efficiency on the Aptos platform.
Ondo and Aptos envision a seamless blend of traditional finance and blockchain technology. The partnership explores solutions integrating on-chain native and real-world asset yields, bridging the gap between conventional financial markets and the emerging blockchain ecosystem.
Ondo expands the Aptos ecosystem through a significant integration with Thala, a decentralized finance protocol. USDY will launch in Thala's AMM pools, providing enhanced liquidity options. Thala plans to whitelist USDY as collateral for Collateralized Debt Positions (CDP), showcasing the stablecoin's utility in DeFi.
Nathan Allman, CEO of Ondo Finance, expresses excitement, anticipating groundbreaking financial products. Bashar Lazaar, Head of Grants & Ecosystem at Aptos Foundation, highlights the step forward for accessible and seamless financial services.
🔹About Aptos Foundation and Ondo:
Aptos Foundation promotes decentralization and global blockchain education. Ondo Finance provides institutional-grade, blockchain-enabled investment products, focusing on tokenized cash equivalents.
#Ondo #OndoFinance #APT #Aptos #RWA
Ondo Finance and Aptos Foundation have united in a strategic alliance, aiming to reshape the integration of real-world assets (RWAs) using blockchain technology. With ties to financial giants like Blackrock and Goldman Sachs, this collaboration brings together unparalleled expertise.
Led by Goldman Sachs's Digital Assets veterans, Ondo Finance collaborates with institutional-grade service providers, including Blackrock. Aptos Foundation, founded by ex-Meta engineers, utilizes the Move programming language for safety and flexibility in financial applications.
Ondo's tokenized US Treasuries product, USDY, is set to integrate onto the Aptos blockchain, expanding beyond Ethereum, Solana, and Mantle. The collaboration aims to develop new staking processes, enhancing utility and capital efficiency on the Aptos platform.
Ondo and Aptos envision a seamless blend of traditional finance and blockchain technology. The partnership explores solutions integrating on-chain native and real-world asset yields, bridging the gap between conventional financial markets and the emerging blockchain ecosystem.
Ondo expands the Aptos ecosystem through a significant integration with Thala, a decentralized finance protocol. USDY will launch in Thala's AMM pools, providing enhanced liquidity options. Thala plans to whitelist USDY as collateral for Collateralized Debt Positions (CDP), showcasing the stablecoin's utility in DeFi.
Nathan Allman, CEO of Ondo Finance, expresses excitement, anticipating groundbreaking financial products. Bashar Lazaar, Head of Grants & Ecosystem at Aptos Foundation, highlights the step forward for accessible and seamless financial services.
🔹About Aptos Foundation and Ondo:
Aptos Foundation promotes decentralization and global blockchain education. Ondo Finance provides institutional-grade, blockchain-enabled investment products, focusing on tokenized cash equivalents.
#Ondo #OndoFinance #APT #Aptos #RWA
MakerDAO announces an open $1 billion investment in tokenized treasury offerings
#MakerDAO decision to invest $1 billion in tokenized U.S. Treasury products has ignited keen interest from major players in the crypto and financial sectors. #BlackRock BUIDL, #Superstate , and #OndoFinance are among the main contenders.
This investment plan, announced during the ETHCC event in Brussels, aims to leverage tokenized #RWA and reshape the protocol's reserve strategy.
#MakerDAO decision to invest $1 billion in tokenized U.S. Treasury products has ignited keen interest from major players in the crypto and financial sectors. #BlackRock BUIDL, #Superstate , and #OndoFinance are among the main contenders.
This investment plan, announced during the ETHCC event in Brussels, aims to leverage tokenized #RWA and reshape the protocol's reserve strategy.
These 3 cryptos are still underrated
1. #Wormholecoin $W $5B+ Market Potential
2. #Avalanche" $AVAX $60B + Market Potential
3. #OndoFinance $ONDO $15B + Market Potential
2. #Avalanche" $AVAX $60B + Market Potential
3. #OndoFinance $ONDO $15B + Market Potential
Crypto and Real World Assets (RWA): Navigating the Future of Finance, Retail Adoption,and Top Tokens
Estimated reading time: 14 minutes ⏳
As we move further into 2024, the intersection of cryptocurrency, Real World Assets ( #RWA ), retail adoption, and the rise of top RWA tokens are reshaping the financial landscape. This article delves into the key developments, the increasing acceptance of crypto by retailers, and the top 10 RWA tokens that are disrupting traditional finance.
Understanding Real World Assets (RWA) in Crypto
Real World Assets (RWA) in crypto refer to the tokenization of tangible assets and capital market products on-chain. This includes assets like real estate, loans, and US Treasuries. The tokenization of RWAs offers opportunities for higher yield, portfolio diversification, and reduced exposure to crypto volatility.
Key Takeaways and Market Trends
DeFi and TradFi Yields: The tokenization of RWAs is providing new sources of yield in #DeFi as traditional yields decrease.Credit Market Protocols: Protocols like #stUSDT , #OndoFinance , and MakerDAO are tapping into credit markets, offering capital access to businesses, especially in emerging markets.
Avalanche's Contributions to the RWA Space in 2024
The #Avalanche Foundation launched "Avalanche Vista," a $50 million initiative to pioneer the future of asset tokenization. This program aims to accelerate the development of tokenization and its application to on-chain finance (OnFi), covering a wide range of assets including equity, credit, real estate, and commodities. The goal is to showcase the value of tokenizing various asset classes on the Avalanche blockchain, which is designed for scalability and rapid transaction finalization. This initiative is a significant step forward in integrating traditional financial assets with blockchain technology, potentially unlocking a $20 trillion market by 2030 .
Retail Adoption of Crypto as a Payment Method
A new Deloitte report found that 220 million people globally use cryptocurrency, with three-quarters of merchants surveyed planning to accept crypto or stablecoin payments within the next 24 months. The adoption of crypto by retailers is driven by the positive impact on business metrics, such as customer base growth and brand perception.
Top 10 Real-World Asset Tokens Disrupting Traditional Finance
Avalanche (AVAX): Facilitates the creation and deployment of secure, scalable blockchain applications for tokenizing real-world assets.Chainlink (LINK): Acts as a decentralized oracle network, crucial for RWA tokens to ensure accurate value reflection.Internet Computer (ICP): Aims to create a scalable network for hosting entire web services on blockchain, revolutionizing RWA token management.Maker (MKR): Governs the MakerDAO platform, enabling users to participate in the governance of the DAI stablecoin, a key component in DeFi protocols.Synthetix (SNX): Allows users to create and trade synthetic assets, derivative tokens that track the value of real-world assets.Ondo (ONDO): Focuses on tokenizing invoices from real businesses, facilitating faster access to working capital.Ribbon Finance (RBN): Caters to options trading strategies, leveraging DeFi protocols to generate yield on crypto holdings.XDC Network (XDC): A high-performance blockchain network suitable for various RWA tokenization projects.Mantra (OM): A DeFi protocol emphasizing interoperability, allowing seamless movement of digital assets between blockchains.OriginTrail (TRAC): Utilizes blockchain technology for supply chain transparency, integrating with RWA tokens representing physical assets.
Price Predictions for April 2024
Based on current trends and developments:
Avalanche ( $AVAX ): Predicted to reach approximately $62.00 to $67.00, considering its significant contributions to the RWA space and the "Avalanche Vista" initiative.Chainlink ( $LINK ): Projected to reach around $22.00 to $25.00, due to its integral role in providing secure oracles for DeFi and its widespread integration across various blockchain projects.Internet Computer ( $ICP ): Estimated to be valued at about $16.00 to $18.00, given its innovative approach to decentralizing the web and recent upswings.
Launching an RWA Token: A Business Perspective
Launching a successful RWA token requires careful planning and execution. Key considerations include regulatory compliance, underlying asset selection, token design, security, transparency, and marketing. Partnering with a reputable token development company like Blockchain App Factory can streamline the RWA token launch process, providing expert consultation, secure development, smart contract development, and compliance assistance【source】.
Conclusion
The integration of cryptocurrency with Real World Assets (RWA) and the increasing adoption by retailers are revolutionizing the finance industry, offering new avenues for investment, yield generation, and consumer transactions. The top 10 RWA tokens, along with the innovative projects and global trends, highlight the significant potential of RWA tokenization in reshaping the future of finance, retail, and traditional financial systems.
References
Kim, J. (2023, July 27). Tokenization News Roundup: Avalanche Blockchain Invests $50M in Real-World Assets. CoinDesk. Coindesk.Melinek, J. (2023, July 25). Avalanche Foundation to invest $50M in asset tokenization on its blockchain. TechCrunch. Techcrunch.Young, M. (2023, November 17). Avalanche (AVAX) Surges to Yearly High on Big Bank RWA Tokenization Adoption. CryptoPotato. Cryptopotato.BeInCrypto. (2023). Avalanche (AVAX) Driven by RWA Adoption and Ordinals Minting. Beincrypto.Fintechs.fi. (n.d.). Avalanche $50 Million Real World Asset Tokenization Initiative. Fintechs.
Disclaimer:
Please note that the insights and discussions presented in this article are for informational purposes only and should not be construed as financial advice. 'The Crypto Sage' seeks to illuminate the dynamic world of cryptocurrency through analysis and storytelling, aiming to educate and inspire our readers. As the digital asset landscape is highly volatile and subject to rapid changes, we encourage all investors to conduct their own thorough research, consider their financial situation, and, if necessary, consult with a professional financial advisor before making any investment decisions. Venture wisely into the realm of cryptocurrencies, armed with knowledge and prudence.
As we move further into 2024, the intersection of cryptocurrency, Real World Assets ( #RWA ), retail adoption, and the rise of top RWA tokens are reshaping the financial landscape. This article delves into the key developments, the increasing acceptance of crypto by retailers, and the top 10 RWA tokens that are disrupting traditional finance.
Understanding Real World Assets (RWA) in Crypto
Real World Assets (RWA) in crypto refer to the tokenization of tangible assets and capital market products on-chain. This includes assets like real estate, loans, and US Treasuries. The tokenization of RWAs offers opportunities for higher yield, portfolio diversification, and reduced exposure to crypto volatility.
Key Takeaways and Market Trends
DeFi and TradFi Yields: The tokenization of RWAs is providing new sources of yield in #DeFi as traditional yields decrease.Credit Market Protocols: Protocols like #stUSDT , #OndoFinance , and MakerDAO are tapping into credit markets, offering capital access to businesses, especially in emerging markets.
Avalanche's Contributions to the RWA Space in 2024
The #Avalanche Foundation launched "Avalanche Vista," a $50 million initiative to pioneer the future of asset tokenization. This program aims to accelerate the development of tokenization and its application to on-chain finance (OnFi), covering a wide range of assets including equity, credit, real estate, and commodities. The goal is to showcase the value of tokenizing various asset classes on the Avalanche blockchain, which is designed for scalability and rapid transaction finalization. This initiative is a significant step forward in integrating traditional financial assets with blockchain technology, potentially unlocking a $20 trillion market by 2030 .
Retail Adoption of Crypto as a Payment Method
A new Deloitte report found that 220 million people globally use cryptocurrency, with three-quarters of merchants surveyed planning to accept crypto or stablecoin payments within the next 24 months. The adoption of crypto by retailers is driven by the positive impact on business metrics, such as customer base growth and brand perception.
Top 10 Real-World Asset Tokens Disrupting Traditional Finance
Avalanche (AVAX): Facilitates the creation and deployment of secure, scalable blockchain applications for tokenizing real-world assets.Chainlink (LINK): Acts as a decentralized oracle network, crucial for RWA tokens to ensure accurate value reflection.Internet Computer (ICP): Aims to create a scalable network for hosting entire web services on blockchain, revolutionizing RWA token management.Maker (MKR): Governs the MakerDAO platform, enabling users to participate in the governance of the DAI stablecoin, a key component in DeFi protocols.Synthetix (SNX): Allows users to create and trade synthetic assets, derivative tokens that track the value of real-world assets.Ondo (ONDO): Focuses on tokenizing invoices from real businesses, facilitating faster access to working capital.Ribbon Finance (RBN): Caters to options trading strategies, leveraging DeFi protocols to generate yield on crypto holdings.XDC Network (XDC): A high-performance blockchain network suitable for various RWA tokenization projects.Mantra (OM): A DeFi protocol emphasizing interoperability, allowing seamless movement of digital assets between blockchains.OriginTrail (TRAC): Utilizes blockchain technology for supply chain transparency, integrating with RWA tokens representing physical assets.
Price Predictions for April 2024
Based on current trends and developments:
Avalanche ( $AVAX ): Predicted to reach approximately $62.00 to $67.00, considering its significant contributions to the RWA space and the "Avalanche Vista" initiative.Chainlink ( $LINK ): Projected to reach around $22.00 to $25.00, due to its integral role in providing secure oracles for DeFi and its widespread integration across various blockchain projects.Internet Computer ( $ICP ): Estimated to be valued at about $16.00 to $18.00, given its innovative approach to decentralizing the web and recent upswings.
Launching an RWA Token: A Business Perspective
Launching a successful RWA token requires careful planning and execution. Key considerations include regulatory compliance, underlying asset selection, token design, security, transparency, and marketing. Partnering with a reputable token development company like Blockchain App Factory can streamline the RWA token launch process, providing expert consultation, secure development, smart contract development, and compliance assistance【source】.
Conclusion
The integration of cryptocurrency with Real World Assets (RWA) and the increasing adoption by retailers are revolutionizing the finance industry, offering new avenues for investment, yield generation, and consumer transactions. The top 10 RWA tokens, along with the innovative projects and global trends, highlight the significant potential of RWA tokenization in reshaping the future of finance, retail, and traditional financial systems.
References
Kim, J. (2023, July 27). Tokenization News Roundup: Avalanche Blockchain Invests $50M in Real-World Assets. CoinDesk. Coindesk.Melinek, J. (2023, July 25). Avalanche Foundation to invest $50M in asset tokenization on its blockchain. TechCrunch. Techcrunch.Young, M. (2023, November 17). Avalanche (AVAX) Surges to Yearly High on Big Bank RWA Tokenization Adoption. CryptoPotato. Cryptopotato.BeInCrypto. (2023). Avalanche (AVAX) Driven by RWA Adoption and Ordinals Minting. Beincrypto.Fintechs.fi. (n.d.). Avalanche $50 Million Real World Asset Tokenization Initiative. Fintechs.
Disclaimer:
Please note that the insights and discussions presented in this article are for informational purposes only and should not be construed as financial advice. 'The Crypto Sage' seeks to illuminate the dynamic world of cryptocurrency through analysis and storytelling, aiming to educate and inspire our readers. As the digital asset landscape is highly volatile and subject to rapid changes, we encourage all investors to conduct their own thorough research, consider their financial situation, and, if necessary, consult with a professional financial advisor before making any investment decisions. Venture wisely into the realm of cryptocurrencies, armed with knowledge and prudence.
Those who are waiting for next list of High Potential #ICO . Here is our List for this Month - Part 1
In this month - We are participating in some of these IDO/ICO
⭐🌟-
⚡Subsquid (Coinlist) - Today - Expected Listing Kucoin, Gate, MEXC
🔥#zkLink (Coinlist) - Register till 22 Jan - Expected Listing on Coinlist Pro, Kucoin, MEXC, Gate
🛹Focus - 7 Hours left - Can Join here - Anyone can Join
🪂#OndoFinance #Launchpool with USDY [Stake to Earn #airdrop ] - Listing on Coinbase, Bybit, Kucoin, Gate - For Bybit Users only
In this month - We are participating in some of these IDO/ICO
⭐🌟-
⚡Subsquid (Coinlist) - Today - Expected Listing Kucoin, Gate, MEXC
🔥#zkLink (Coinlist) - Register till 22 Jan - Expected Listing on Coinlist Pro, Kucoin, MEXC, Gate
🛹Focus - 7 Hours left - Can Join here - Anyone can Join
🪂#OndoFinance #Launchpool with USDY [Stake to Earn #airdrop ] - Listing on Coinbase, Bybit, Kucoin, Gate - For Bybit Users only
Ether.fi posted on the social platform that Ondo Finance is this week's Staking Frens from May 13 00:01 UTC until Friday May 17 23:59 UTC.
#ETHFI #ONDO #OndoFinance #EtherFi #buythedip
#ETHFI #ONDO #OndoFinance #EtherFi #buythedip
Ondo Foundation proposal to release their ONDO token lock-up, which will align the community towards open, transparent and efficient global finance.
The Ondo Foundation will choose the public launch date before March 2024.
#Ondo #OndoFinance
The Ondo Foundation will choose the public launch date before March 2024.
#Ondo #OndoFinance
