#creatorpadvn $BNB @Binance Vietnam
🔥The financial regulatory agency of Abu Dhabi Global Market has approved Ondo Finance to list digitized stocks and ETFs on the licensed trading platform of Binance in the UAE.
✔️ This is the first time this model has been approved within the legal framework of ADGM.
The asset list includes:
• Apple
• Nvidia
• Tesla
• Amazon, Alphabet (Google), Meta, Microsoft
• Several funds such as Invesco QQQ and SPDR S&P 500
💬 The products are structured as financial certificates linked to the underlying stocks, taking liquidity from the New York and Nasdaq exchanges. This helps the prices stay close to the traditional market and limits large spreads during trading.
💰 The products are intended for investors outside the U.S. Binance acts as the distributor.
⌛ Previously, Ondo was also approved by the regulatory agency in Liechtenstein for its issuance in Europe.
🔼 The approvals in both Europe and the UAE indicate a clear trend of bringing traditional assets onto a regulated digital platform.
⚡️ This move could expand access to U.S. stocks in the Middle East and promote the process of connecting traditional finance with digital assets.
📊 The price $ONDO has hardly moved in response to major news in the system, mainly due to the weak token economy and high inflation, hoping for improvement in the coming time.
With Ondo currently, if it INCREASES, then it’s just a narrative. It still indirectly affects….AE holder note and monitor
🔥The financial regulatory agency of Abu Dhabi Global Market has approved Ondo Finance to list digitized stocks and ETFs on the licensed trading platform of Binance in the UAE.
✔️ This is the first time this model has been approved within the legal framework of ADGM.
The asset list includes:
• Apple
• Nvidia
• Tesla
• Amazon, Alphabet (Google), Meta, Microsoft
• Several funds such as Invesco QQQ and SPDR S&P 500
💬 The products are structured as financial certificates linked to the underlying stocks, taking liquidity from the New York and Nasdaq exchanges. This helps the prices stay close to the traditional market and limits large spreads during trading.
💰 The products are intended for investors outside the U.S. Binance acts as the distributor.
⌛ Previously, Ondo was also approved by the regulatory agency in Liechtenstein for its issuance in Europe.
🔼 The approvals in both Europe and the UAE indicate a clear trend of bringing traditional assets onto a regulated digital platform.
⚡️ This move could expand access to U.S. stocks in the Middle East and promote the process of connecting traditional finance with digital assets.
📊 The price $ONDO has hardly moved in response to major news in the system, mainly due to the weak token economy and high inflation, hoping for improvement in the coming time.
With Ondo currently, if it INCREASES, then it’s just a narrative. It still indirectly affects….AE holder note and monitor