ONDO, supported by BlackRock, focuses on the core narrative of integrating traditional finance (TradFi) into on-chain finance (DeFi) for a deep fusion of both.

It can attract traditional finance into the crypto space, using tokens as collateral for investments in traditional financial markets.

The price of ONDO has surged nearly 40% today; usually, when it rises, TokenFi will follow suit, as $TOKEN's capabilities in RWA are on par with ONDO.