Ondo Finance launches network for CEX-speed trading

Ondo Finance has launched the Ondo Network, replacing its planned blockchain with an execution layer built for fast, private, and non-custodial trading. Summary Ondo Network replaces Ondo Chain as the company shifts its focus from settlement to execution. Secure hardware enclaves process trades privately, while decentralized attestors verify the approved code. Ondo Perps is the first application, supporting 24/7 equity and commodity perpetual futures. Recent FINRA authorizations give Ondo separate infrastructure for regulated tokenized securities in the U.S. Ondo Network replaces the planned Ondo Chain Ondo Finance publicly introduced the Ondo Network on July 27, describing it as an execution layer that combines centralized exchange-like speed with self-custody, privacy and blockchain-based settlement. Introducing the Ondo Network, the execution layer for open financial markets, and the evolution of our vision for Ondo Chain.Fast and private like a CEX. Verifiable like a blockchain. Non-custodial in design.How it works:→ Enclaves for private, high-speed execution→… pic.twitter.com/EQZkX2OWF3— Ondo Finance (@Ondo) July 27, 2026 Ian De Bode, CEO of Ondo Finance, described the product...