{"id":463560,"date":"2024-09-27T07:00:19","date_gmt":"2024-09-27T07:00:19","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=862530"},"modified":"2024-09-27T07:00:19","modified_gmt":"2024-09-27T07:00:19","slug":"ondo-finance-takes-lead-in-tokenized-us-treasuries-with-tac","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2024\/09\/27\/ondo-finance-takes-lead-in-tokenized-us-treasuries-with-tac\/","title":{"rendered":"Ondo Finance Takes Lead in Tokenized US Treasuries with TAC"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2024\/07\/Ondo-Finance.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<ul>\n<li><strong>The Tokenized Asset Coalition adds 21 new members, releasing a report on blockchain and tokenization growth.<\/strong><\/li>\n<li><strong>Ondo Finance leads in the tokenized US Treasury space with innovative products like USDY and OUSG.<\/strong><\/li>\n<\/ul>\n<hr>\n<p>The Tokenized Asset Coalition (TAC), which advocates for public blockchain adoption, asset tokenization, and institutional DeFi, made significant progress by <a href=\"https:\/\/x.com\/OndoFinance\/status\/1839289778476306703\">announcing<\/a> the addition of 21 new members and releasing its highly anticipated second State of Tokenization report.<\/p>\n<p>As a significant participant in this project, Ondo Finance remains at the forefront of redefining the on-chain investment landscape.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Tokenized Asset Coalition (<a href=\"https:\/\/twitter.com\/TACoalition?ref_src=twsrc%5Etfw\">@TACoalition<\/a>), of which Ondo Finance is a member, today welcomes 21 new members and unveils its second State of Tokenization report. \ud83d\udcca<\/p>\n<p>The report examines the crucial role of regulation in driving adoption, growing institutional interest, and key\u2026 <a href=\"https:\/\/t.co\/CDX9Fypssv\">pic.twitter.com\/CDX9Fypssv<\/a><\/p>\n<p>\u2014 Ondo Finance (@OndoFinance) <a href=\"https:\/\/twitter.com\/OndoFinance\/status\/1839289778476306703?ref_src=twsrc%5Etfw\">September 26, 2024<\/a><\/p>\n<\/blockquote>\n<h2><strong>TAC Rapid Rise and the Future of Tokenized Assets&nbsp;<\/strong><\/h2>\n<p>TAC was founded in the fall of 2023 by prominent organizations including Aave, Centrifuge, Circle, Coinbase, Base, <span><a href=\"https:\/\/www.crypto-news-flash.com\/ondo-finance-surpasses-rivals-with-latest-rwa-xyz-data-integration\/\">RWA.xyz<\/a><\/span>, and others.<\/p>\n<p>Since its establishment, TAC has expanded to include over 40 tokenization leaders, making it one of the most influential organizations dedicated to redefining how capital is produced, invested, and managed in the blockchain sector.<\/p>\n<p>The 2024 research focuses on various critical areas of the fast changing tokenization business. It delves into the critical role that regulatory frameworks play in pushing blockchain technology adoption, institutional investors\u2019 growing interest in bringing assets on-chain, and the sector\u2019s most recent breakthroughs.<\/p>\n<p>A striking feature of this paper is the projection given by major financial organizations such as McKinsey, Citi, and Standard Chartered that the tokenized asset market will grow to an amazing $2 trillion to $30 trillion over the next decade.<\/p>\n<p>Currently, Real-World Assets (RWAs) in the form of tokenized assets are worth $176 billion, or over $15 billion excluding stablecoins. These assets come from over 150 issuers across 20 public blockchains, indicating tokenization\u2019s amazing global expansion and popularity.<\/p>\n<p>Furthermore, a recent Coinbase survey of Fortune 500 CEOs found that 56% of organizations are actively working on on-chain initiatives, demonstrating the rapidly expanding institutional interest in this disruptive technology.<\/p>\n<p>Ondo Finance has emerged as a major participant in the tokenization industry, particularly with its ground-breaking products, USDY and OUSG. The research highlights the significant rise of tokenized US Treasury, in which <span><a href=\"https:\/\/www.crypto-news-flash.com\/ondo-finance-joins-injective-a-new-era-for-tokenized-assets\/\">Ondo Finance<\/a><\/span> has gained a leading position.<\/p>\n<p>These innovations not only reflect the changing nature of the financial sector, but also demonstrate the potential for onchain finance to change traditional investment options.<\/p>\n<p>In addition to this achievement, as we previously <span><a href=\"https:\/\/www.crypto-news-flash.com\/ondo-finance-brings-ousg-and-usdy-to-makerdaos-grand-prix\/\">noted<\/a><\/span>, Ondo Finance has entered the Spark Tokenization Grand Prix MakerDAO, submitting a proposal for $1 billion in tokenized assets via OUSG and USDY. This strategic initiative demonstrates Ondo Finance\u2019s commitment to increasing the scope and utility of tokenized assets in the larger financial ecosystem.<\/p>\n<p>As of the publication of this research, Ondo Finance\u2019s native token, ONDO, has performed well in the market. It is presently trading at about <strong>$0.8308<\/strong>, up <span><strong>6.24%<\/strong><\/span> over the last 24 hours and <span><strong>16.78%<\/strong><\/span> over the last 7 days.<\/p>\n<div class=\"tve-leads-shortcode tve-leads-triggered tve-tl-anim tl-anim-instant tve-leads-track-shortcode_228374\">\n<div class=\"tl-style\" id=\"tve_tcb2_set-001\" data-state=\"50\" data-form-state>\n<div class=\"tve-leads-conversion-object\" data-tl-type=\"shortcode_228374\">\n<div class=\"tve_flt\">\n<div id=\"tve_editor\" class=\"tve_shortcode_editor\">\n<div class=\"thrv-leads-form-box tve_no_drag tve_no_icons thrv_wrapper tve_editor_main_content thrv-leads-in-content tve_empty_dropzone\" data-css=\"tve-u-185a09262cb\">\n<div class=\"thrv_wrapper thrv_text_element\">\n<p data-css=\"tve-u-185a09262d4\"><span data-css=\"tve-u-185a09262d5\">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; No spam, no lies, only insights. You can unsubscribe at any time.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tokenized Asset Coalition adds 21 new members, releasing a report on blockchain and tokenization growth. Ondo Finance leads in the tokenized US Treasury space with innovative products like USDY and OUSG. The Tokenized Asset Coalition (TAC), which advocates for public blockchain adoption, asset tokenization, and institutional DeFi, made significant progress by announcing the addition [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":463561,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[25,18514,21628,173],"class_list":{"0":"post-463560","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-other","8":"tag-news","9":"tag-ondo-finance","10":"tag-tac","11":"tag-tokenization"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/463560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=463560"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/463560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/463561"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=463560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=463560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=463560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}