How to seize the investment opportunities in the RWA track? Focus on ONDO!
In the real-world asset (RWA) track backed by traditional capital, what are the targets worth investing in? Today we will talk about Ondo Finance.
Ondo Finance is an Ethereum-based decentralized finance (DeFi) protocol that focuses on transferring the liquidity services of traditional finance to the tokenization of real-world assets
Ondo provides a series of fund products based on underlying assets such as US Treasury bonds, notes, and money market funds, which are suitable for investors with different risk preferences and provide diversified choices. Moreover, its management fee rate is relatively low, only 0.15%.
From the investment logic of the bull market, we should focus on the consensus, leading position, growth potential, team strength, investment institution background, and market maker performance of the project.
ONDO occupies a very advantageous position in the RWA track. This track can carry a large amount of compliant funds. Simply put, it can attract the entry of traditional financial capital, and the flow of funds determines the value.
In addition, ONDO is one of the few projects with compliance. If traditional financial institutions want to enter the RWA track, ONDO is undoubtedly the first choice. At the same time, it has the support of first-tier investment institutions and Wall Street market makers, making it more credible.
Due to the impact of ETFs, the price performance of BTC and altcoins and their relationship with the bull and bear cycles of the crypto market may have changed. This has led to the current market situation where BTC is fluctuating sideways at a high level, while altcoins are falling all the way. Bitcoin is currently 22% lower than its historical high (ATH), while most mainstream altcoins have fallen 70% to 90% from their highs in this round.
If January 2023 is taken as the starting point of this round of market, the market will have experienced 16 months of volatility by May 2024; if it is counted from October 2023, it will be 7 months.
