Ondo Finance Launches DTCC-Backed Tokenized Stocks; ONDO Token Surges
Ondo Finance launched tokenized stocks backed by the Depository Trust Company (DTC), leading to a surge in its native ONDO token. The new structure ties Ondo's tokens directly to real securities settled through DTC, with initial offerings including CRCLon and SPYon.
Topics: crypto price movement DeFi DTC integration tokenized stocks