Ondo Finance Launches Ondo Network for Tokenized Assets
Ondo Finance has launched the Ondo Network, a new execution layer designed to combine centralized exchange (CEX)-level speeds with non-custodial and on-chain-verifiable settlement. The network separates trade execution, verification, and settlement across three components: secure hardware enclaves for fast private trading, decentralized attestors confirming code integrity, and Ethereum-based on-chain settlement. The move follows the company's realization that execution speed—not settlement—was the primary bottleneck in high-performance trading. This architecture replaces Ondo Chain, a previous blockchain initiative. The first application to use this infrastructure is Ondo Perps, offering 24/7 perpetual futures for tokenized stocks and commodities. The network aims to be general-purpose, with potential future applications including spot markets, lending, and structured products. This development coincides with recent regulatory progress: Oasis Pro Markets, the firm's broker-dealer arm, received SEC and FINRA clearance to offer tokenized equities in the U.S., signaling Ondo Finance’s aggressive expansion strategy.
Topics: blockchain execution layer Ondo Network RWA tokenization