WLFI, a firm backed by Donald Trump and his family, recently invested $470,000 in ONDO tokens, demonstrating growing interest in Ondo Finance's platform. This investment follows a previous purchase of $245,000 worth of ONDO tokens two months ago. WLFI transferred the tokens to Coinbase Prime, suggesting a strategic move for secure holding and potential trading. This investment coincides with Ondo Finance's plans to launch its own blockchain, Ondo Chain, designed to facilitate institutional integration of tokenized assets into the DeFi space.
This investment comes just as Ondo Finance , a key player in the tokenized assets space, unveiled its plans to launch its blockchain.
The tokens were later transferred to Coinbase Prime, indicating WLFI may be positioning itself for secure holding and potential trading.on the 6th of February. This new blockchain solution is designed to enable institutions to seamlessly integrate tokenized assets into the DeFi space. The blockchain aims to solve key challenges in tokenized securities, like high transaction fees, liquidity fragmentation, and regulatory compliance.
Cryptocurrency Ondo Finance ONDO Tokens WLFI Blockchain Defi
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