Ondo Finance partners with World Liberty Financial to facilitate the integration of blockchain technology into traditional finance.
Ondo Finance has formed a strategic alliance with World Liberty Financial, a DeFi initiative that Donald Trump backs. The collaboration aims to facilitate the integration of traditional finance into the blockchain ecosystem and to promote the adoption of tokenized real-world assets (RWAs).
The ONDO price is still struggling to recover from the recent collapse despite the significant milestone achieved by Ondo Finance. However, there is speculation that the price of ONDO could increase to $2 or even $5. Consequently, investors and traders closely monitor the platform’s future developments and ONDO’s corresponding market responses.
What Is The Ondo Finance-World Liberty Financial Partnership?
Ondo Finance, a tokenized real-world asset issuer, has partnered strategically with the highly anticipated World Liberty Financial. The partnership aims to integrate traditional finance with blockchain and promote the widespread adoption of tokenized Real-World Assets (RWAs), as indicated in Ondo Finance’s X post.
Additionally, this partnership will integrate Ondo’s tokenized assets into the World Liberty Financial (WLFI) network. This strengthens the financial foundation of World Financial and fortifies its treasury reserves. World Liberty Financial will also incorporate Short-Term U.S. Government Treasuries (OUSG) and U.S. Dollar Yield (USDY) tokens, enabling users to access margin trading and lending options.
World Financial is endeavoring to facilitate the expansion of the Ondo Global Market
The alliance between World Liberty Financial and Ondo Finance is intended to facilitate the expansion of Ondo Global Markets, the platform that enables the tokenization of conventional financial assets. This is particularly noteworthy. Select WLFI users will be able to access tokens on Ondo Global Markets due to the partnership, which will provide them with access to thousands of real-world assets in an entirely on-chain environment.
Donald Trump Jr., the Web3 Ambassador for World Liberty Financial, conveyed his enthusiasm for the joint venture with Ondo Finance. He contended that the partnership provides the WLFI network with a reliable source of yield and access to conventional financial assets. He proposed,
Our collaboration with Ondo Finance marks a significant step forward in aligning traditional financial systems with blockchain innovation. By integrating Ondo’s tokenized assets, we’re providing our network with access to traditional financial assets and new yield opportunities.
This advancement is by Ondo Finance’s recent introduction of Ondo Chain, a Layer 1 blockchain intended to facilitate the institutional adoption of tokenized real-world assets.
The price of ONDO is currently in the red and is expected to reach $5
The price of ONDO is $1.31 at the time of publication, representing a significant decrease of 6.36% in a single day. Nevertheless, the ONDO price has experienced a 12.38% increase over the past month despite a 2.23% decline every week.
The present downward trend of the token price will be reversed by a bullish turnaround, as predicted by the ONDO price prediction. Tareeq, a trader, presented a one-day chart of ONDO, which anticipated the token’s potential increase to $2.5. Another analyst, JChains, expressed a more optimistic outlook, predicting that the price of ONDO would reach $5. He substantiated his prediction by asserting, “$5 is not merely a dream; it is the next level.”
In the interim, Kyren, a financial specialist, disclosed an ambitious projection for ONDO. His research indicates that ONDO is poised for the subsequent favorable resurgence, with a target price of $10.
