Ondo Finance introduced its Layer-1 blockchain, Ondo Chain, at the Ondo Summit. The launch marks a significant move towards institutional acceptance of Real World Assets (RWA).

The blockchain aims to bridge traditional finance and decentralized finance, ensuring regulatory compliance while maintaining blockchain accessibility.

Supported by major financial institutions like Franklin Templeton, Wellington Management, and WisdomTree, Ondo Chain seeks to address industry challenges, including DeFi compatibility, fragmented liquidity, high fees, and regulatory concerns.

The involvement of Donald Trump Jr. highlights growing political interest in digital assets. Ondo's developments position it as a key player in the RWA sector.