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Ondo is committed to revolutionizing the financial world by integrating traditional finance and decentralized finance on a public blockchain. The DAO’s mission is to democratize institutional-grade financial products and services and make them accessible to everyone, regardless of geographic location or socioeconomic background. Ondo Finance was founded in 2021 by Nathan Allman and has raised $24 million to date from investors including Pantera Capital, Founders Fund, Coinbase Ventures, and Tiger Global. Team members have extensive backgrounds in various institutions and protocols including Goldman Sachs, Fortress, Bridgewater, and MakerDAO.

The crypto market is under pressure again. Bitcoin (BTC) is hovering near key cost levels, while most altcoins continue to fall.
Ondo Finance, a tokenization protocol under the U.S. Treasury, foresees

Bitcoin climbed past $81,000 during Monday's Asian trading session, while NEAR surged 23% on a wave of swap activity tied to Zcash.

The New York Stock Exchange is expanding into crypto-related markets through investments, partnerships, and plans for continuous trading infrastructure.

Ondo specializes in tokenizing fixed-income products like US Treasuries.
Ondo Finance positions itself as an "institutional-grade asset manager" for the DeFi space.