Ondo Finance Connects to Solana: Could This Meme Crypto token Hub Fuel the Next RWA Surge?
Ondo Finance connects to Solana, incorporating its yield-generating USDY asset and Decentralized Verifier Network. Could Solana be the catalyst for the upcoming RWA expansion?
Ondo Finance stands at the forefront of real-world asset (RWA) tokenization. Through this protocol, companies like BlackRock can transform U.S. Treasuries into digital variations accessible on-chain for clear auditing. As per Coingecko, the initiative ranks among the most esteemed in the industry, while its token, ONDO, is deemed one of the top cryptocurrencies to acquire in 2025.
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Ondo Finance’s Growth into Solana
Earlier today, the RWA tokenization platform revealed its move to Solana, a blockchain fame for a variety of meme coins.
This connection to Solana will include Ondo Finance’s primary tokenized treasury asset, USDY.
This shift toward Solana is calculated. In contrast to ETH, Solana offers greater scalability and hosts a bustling ecosystem of leading DeFi initiatives and high-value meme coins worth billions in secondary markets. Is this choice likely to establish Solana as a pivotal participant in the forthcoming RWA surge?
Executives at BlackRock are forecasting swift growth for the RWA sector in the next five years. Larry Fink advocates for the U.S. SEC’s approval of the tokenization of financial instruments like bonds and equities.
With Ondo Finance transitioning to Solana, the team also confirmed that its proprietary Decentralized Verifier Protocol (DVN) will be activated.
This will enable Solana users to connect with Ondo Chain, Ethereum, and other Ethereum-compatible platforms such as Mantle and Arbitrum.
The timing is advantageous, as USDY is already flourishing on Solana, with a total value locked (TVL) of over $160 million and a multitude of engaged users.
This update follows Ondo Finance’s launch of its RWA-centric protocol in February, aimed at institutional clients.
As reported by 99Bitcoins, Ondo Chain, a controlled layer-1 blockchain, guarantees adherence to regulatory structures, allowing approved entities to operate transparently.
Integration with Solana enhances Ondo Chain’s capabilities, potentially drawing more users to the network.
Following in BlackRock’s Footsteps: Can ONDOUSDT Soar?
This shift follows BlackRock, a prominent asset management firm, expanding its tokenized fund, BUIDL, to Solana in March, moving from ETH.
The finest assets desire omnipresence.
Blockchains enable that.@calilyliu on BlackRock’s BUIDL fund recently diversifying into Solana — and why tokenized treasuries are merely the beginning of internet capital markets. pic.twitter.com/cV2zgKYGry— Solana (@solana) April 18, 2025
This also signals that traditional financial titans regard Solana as ready for institutions, encouraging proactive strategies. Ondo Finance seemingly aligns with this trajectory by mimicking BlackRock’s steps.
Currently, advocates anticipate an uptick in treasury tokenization. At present, its short-term U.S. government treasuries fund, OUSG, manages over $420 million in assets, providing accredited institutions with a 4.07% annual yield. Meanwhile, USDY offers a 4.25% yield for non-U.S. clients.
ONDO, the governance coin, is presently facing challenges, finding it tough to rebound from the lows of Q1 2025.
(ONDOUSDT)
If the coin surpasses $1.05, it might retest $1.25 and reach $1.65 in a continuation of the bullish trend.
Could 2025 be the year of tokenization?
Ondo encompasses $USDY and $OUSG, having market valuations of approximately $600M and $420M, respectively
His team anticipates that on-chain finance will revolutionize everything for crypto… pic.twitter.com/VcFwAJ7Kur
— Jacquelyn Melinek (@jacqmelinek) May 1, 2025
Should RWAs be the driving force behind crypto expansion in 2025, as Nathan Allman, Ondo Finance’s founder, forecasts, ONDO could experience significant growth. Consequently, this could lead to increased investment in some of the most sought-after presales in 2025.
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Ondo Finance Connects to Solana: Could ONDO Head the 2025 RWA Expansion?
- Ondo Finance connects to Solana, assimilating USDY
- Solana is progressively appealing for institutional players after BlackRock transitioned the BUIDL fund
- RWA is expected to exceed $1 trillion within five years
- Will ONDOUSDT rebound after declines in Q1 2025?
The post Ondo Finance Connects to Solana: Could the Upcoming RWA Expansion Be Fueled on this Meme Crypto token Hub? appeared first on 99Bitcoins.
