OndoFinance (ONDO) падение

This article analyzes three distinct approaches to on-chain tokenization of traditional assets like stocks and ETFs: Ondo Finance, xStocks (by Backed Finance, now Kraken-owned), and Hyperliquid's HIP-3. Ondo Finance employs an institutional-grade, indirect tokenization model. An offshore SPV holds the underlying stocks, issuing on-chain structured notes that represent economic exposure but not legal ownership. It features atomic settlement, instant minting/redemption, and requires KYC for accredited non-US investors. xStocks targets the retail market with a multi-chain, composable model. Similar to Ondo, it uses a 1:1 backed debt instrument structure (tracking certificates) issued by a Jersey-based SPV. It emphasizes self-custody, ease of access with no specific KYC for trading, and integrates a novel "xChange" engine to bridge TradFi liquidity into DeFi. Hyperliquid's HIP-3 offers a fundamentally different, permissionless model for creating perpetual futures markets on any asset. It requires no underlying custody of assets. Instead, it provides synthetic price exposure through oracle-fed perpetual contracts, allowing high leverage and 24/7 trading. It functions as a decentralized infrastructure layer for market creators. The piece concludes that these protocols are not in direct competition but serve different purposes: Ondo and xStocks offer economic ownership and redemption, while Hyperliquid provides leveraged synthetic trading. The common thread is expanding access and composability for on-chain users.

Ondo Finance has expanded its tokenized securities platform by adding over 60 new stocks and ETFs, including BlackRock’s iShares Bitcoin Trust (IBIT) and Galaxy Digital’s stock. The platform now supports more than 250 tokenized assets on blockchains like Ethereum and Solana. This expansion reflects growing institutional demand for tokenized real-world assets, with Ondo currently managing $2.6 billion in tokenized treasuries and equities. The move aims to bridge traditional and decentralized finance by improving accessibility, efficiency, and regulatory compliance. Tokenization enables near-instant, 24/7 trading, highlighting the increasing convergence of traditional finance and blockchain technology.

ONDO Finance (ONDO) is trading near $0.277 after rebounding from the $0.242 support level. Despite facing rejection at the $0.291 resistance zone, the price is holding near the 23.6% Fibonacci level at $0.2799, which now acts as immediate support. A break below this level could lead to further declines toward $0.2668 or even $0.255–$0.242. The RSI near 56 indicates neutral momentum. The token's resilience is partly attributed to strong real-world asset (RWA) inflows, fueled by Ondo Finance's partnership with Franklin Templeton to tokenize five ETFs, providing round-the-clock access to approximately $1.7 trillion in managed assets. This has strengthened ONDO's position in the RWA sector, attracting institutional capital seeking yield stability. ONDO's Distributed Asset Value has surpassed $2.65 billion, supported by steady demand for tokenized U.S. Treasuries and growing sector-wide interest, with Tokenized Treasuries exceeding $12 billion. Despite short-term selling pressure, underlying RWA-driven demand and capital rotation into yield-focused assets may support a potential price recovery.

Crypto Market Digest (May 27, 2026) Ondo Finance's founder Nathan Allman has passed away, with President Ian De Bode taking over as CEO. In regulatory news, Hong Kong authorities concluded a consultation on virtual asset service provider licensing, aiming to align rules with traditional finance. Kelp DAO announced its rsETH token has fully recovered five weeks after a $293 million hack by Lazarus Group, though the incident caused significant damage to DeFi lending protocols like Aave. Key industry developments include Hyperliquid launching off-chain event prediction market contracts, and the CME introducing futures for Avalanche and Sui. A report highlights the rise of AI Agent payments, with over $73 million settled on-chain in a year, predominantly using USDC. Meanwhile, blockchain detective ZachXBT exposed market manipulation involving several BSC tokens. In investment news, a firm referred to as "Strategy" completed a $1.5 billion debt buyback. Political contributions from the crypto sector for the 2026 U.S. elections have surpassed $500 million, heavily favoring Republican candidates. BitMEX founder Arthur Hayes revealed Zcash is his second-largest holding, citing the growing necessity for monetary privacy. The digest concludes with trending memecoins on Ethereum, Solana, and Base networks, and highlights in-depth articles covering the impending SpaceX IPO, Polymarket's regulatory challenges, and an analysis of the on-chain treasury landscape.