What is Ondo Finance? $4.0 billion in tokenized bonds and equities: what changes for investors in Europe

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Ondo Finance brings US Treasuries, equities and ETFs onto the blockchain as tokens, around $4.0 billion of them on its own figures. For investors in Europe those products are only accessible with professional client status; the only freely tradable piece is the ONDO token.Ondo Finance is a platform that brings real financial assets onto the blockchain as tokens: short-dated US Treasuries, equities and ETFs. Anyone searching for Ondo is usually looking for two different things that are easily confused. One is the products, which on Ondo’s own figures hold around $4.0 billion. The other is the freely tradable ONDO token, which stood at $0.4133 on Friday morning, or 0.3689 euros. The token is not a share in those $4.0 billion. It is a governance token, and that is the most important sentence in this article. For investors in Europe a second distinction applies that most write-ups leave out: Ondo’s tokenized bonds and equities may only be subscribed by professional clients across th...