$ONDO Ondo Finance's Tokenization Platform Sources Liquidity from Major Stock Exchanges

AI Summary

According to PANews, Ondo Finance announced on the X platform that its stock tokenization platform derives liquidity primarily from the stock market, specifically from the Nasdaq and the New York Stock Exchange, rather than from Automated Market Maker (AMM) pools. This approach minimizes slippage during large-scale transactions. Each stock token is fully backed by custodial shares, utilizing a model similar to stablecoin reserves.$ONDO

ONDO

0.4095

-8.26%

it's coming back 🔙😭