Finance Ondo, Pantera Capital to invest $ 250 million in RWA projects

Ondo Finance tokenization platform

And the digital asset investment company, Pantera Capital, has teamed up to invest $ 250 million in a real asset (Rwa) Projects as the trend for red tokenization accelerates.

The initiative, named Ondo Catalyst, aims to invest in protocols and infrastructure projects that improve the development of token finance and chain capital markets, according to a Ondo Thursday blog.

The initiative will make a mixture of equity and investments in tokens, a message in a telegram message told Ondo.

“The financial system undergoes a fundamental upgrade,” said Nathan Allman, founder and CEO of Ondo Finance, in the blog post. “By supporting the infrastructure and applications that unlock the real utility for token assets, we help reshape the way capital moves in the world.”

Tokenization is one of the cases of use of cryptography which knows the fastest growth and has captivated large banks, fintechs, asset managers and indigenous cryptography companies. The process aims to provide traditional financial instruments such as bonds, actions and real estate, often nicknamed Rwas, on blockchain rails, promising more efficient operations, faster establishments and 24 hours a day, wider access to investors and programmable transactions. For example, Robinhood, Bybit, Kraken and Gemini recently introduced trading with tokenized versions of American actions, while Blackrock and Franklin Templeton emit money market funds to Tokenized supported by short -term US Treasury.

Ondo is one of the largest American cash issuers, with its Ousg and USDY tokens with combined market capitalization of almost $ 1.4 billion, according to Rwa.xyz data. The company also develops a layer-1 blockchain network designed for RWA tokenized.

The news of the partnership was reported for the first time by Axios.

Read more: the tokenization market for real assets has increased almost in 3 years

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