Ondo Finance Partners with Wellington Management

Bittime - Ondo Finance has officially entered into a strategic partnership with Wellington Management, one of the world's leading asset managers. This collaboration marks Wellington's important step into the realm of tokenized securities, a new approach in the blockchain-based financial industry. 

The primary product of this partnership is the Delta Wellington Ultra Short Treasury On-Chain Fund. This is a blockchain-based fund that will increase the choice of real-world assets (RWA) in the crypto market. 

This step is seen by experts as an effort to expand access to traditional assets through tokenization. This step also strengthens Wellington's influence in the digital financial sector.

This step was facilitated by Liberara, a financial technology company that received support from Standard Chartered's venture division. Through this collaboration, Ondo Finance presents its superior feature, namely the redemption capability which can be accessed at any time, 24/7. 

This feature gives investors the freedom to manage or exit their investment positions without time restrictions, which is critical for integrating assets into DeFi protocols.

Ondo Finance Strategy in the Real World Asset Tokenization Market

Nathan Allman, CEO of Ondo Finance, explained that constant access to redemption is one of the strategic needs in creating a decentralized financial ecosystem. 

This feature allows tokenized assets to function as collateral in digital-based cross-border transactions. 

“The ability to access and manage assets at any time is the fundamental reason why tokenization is a relevant solution in bridging traditional finance with blockchain technology,” said Allman.

This collaboration comes amidst the rapid development of the RWA market. RWA's total assets have increased by more than 60% in just 2024, to reach a value of more than $13 billion. 

This increase reflects the great interest of financial institutions in integrating blockchain technology into traditional financial services. Ondo Finance itself has previously embraced BlackRock in managing the BUIDL fund. 

The BUIDL fund is the largest tokenized treasury fund by market capitalization at $533 million. Ondo's experience with BlackRock also further strengthens its position as a major player in the asset tokenization sector.

Read also: Roadmap Supra Oracles dan Roadmap Supra Airdrop

What Is Delta Wellington Ultra Short Treasury On-Chain Fund?

The Delta Wellington Ultra Short Treasury On-Chain Fund is a product designed to provide easy access to short-term, low-risk assets typically managed by Wellington. With tokenization, investors can own a share of these assets in the form of crypto tokens, making them accessible at any time via the blockchain. 

This initiative is expected to open up new opportunities for retail and institutional investors in accessing investment products that were previously limited to certain groups.

Through the support of Libeara technology, this product allows higher liquidity and flexibility than traditional investments. The investment process and fund management can also be carried out more transparently. 

This is because every transaction is recorded and verified on the blockchain. Apart from that, this investment model is also more inclusive, where global investors can participate without being constrained by time or location.

Tokenization Trends in the Global Financial Industry

Tokenization of physical assets, including securities and other traditional financial assets, is attracting increasing attention in global markets. With growth of more than 60% in 2024, tokenization is predicted to become a major pillar in the financial industry in the future. 

This move not only attracted investors from the crypto community, but also attracted the interest of large financial institutions who see tokenization as a new way to increase financial efficiency and inclusion.

As an innovator in this market, Ondo Finance continues to strive to strengthen its position as a provider of blockchain-based financial solutions. By adding Wellington Management to its list of partners, Ondo moves closer to its goal of delivering a more decentralized, liquid and accessible financial ecosystem.

The Impact of Ondo Finance and Wellington Management Partnership for the Crypto Market and Trade

The collaboration between Ondo Finance and Wellington Management is a significant step towards stronger integration between traditional finance (TradFi) and decentralized finance (DeFi). 

Through the 24/7 redemption feature, tokenized assets become more flexible and efficient in their use. This relates to both traded assets and collateral in crypto-based transactions. 

This innovation is expected to attract more institutional investors to explore the world of DeFi, which was previously considered complex and high-risk.

Read also: How to Increase Tomarket Airdrops, Follow These 5 Steps!

This collaboration between Ondo and Wellington also has a positive impact on the RWA market, which is now increasingly busy with the presence of blockchain-based financial products. If this project is successful, it could be an inspiration for other asset managers to also explore tokenization and offer it to the crypto market. 

For investors, especially those interested in blockchain-based securities, this partnership provides new opportunities to earn competitive returns in a more flexible and transparent way.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.