What is Ondo Finance? $4.0 billion in tokenized bonds and equities: what changes for investors in Europe

Ondo Finance is a platform that brings real financial assets onto the blockchain as tokens: short-dated US Treasuries, equities and ETFs. Anyone searching for Ondo is usually looking for two different things that are easily confused. One is the products, which on Ondo’s own figures hold around $4.0 billion. The other is the freely tradable ONDO token, which stood at $0.4133 on Friday morning, or 0.3689 euros. The token is not a share in those $4.0 billion. It is a governance token, and that is the most important sentence in this article.