Ondo Finance and Pantera Capital launch $250 million fund
07-04 00:14
Odaily News Ondo Finance and Pantera Capital jointly established the $250 million Ondo Catalyst Fund, which aims to invest in RWA tokenization projects, covering equity and tokens. Ondo's chief strategy officer said that the current market has entered the "tokenization arms race" stage, and exchanges are accelerating the layout of tokenized stocks and ETF products. The fund simultaneously promotes the construction of on-chain financial infrastructure, and OKX Wallet has joined its global market alliance. RedStone data shows that the RWA market has grown by 380% since 2022 to $24 billion, and the growth momentum comes from private credit and U.S. debt tokenization. (Cointelegraph)
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