Ondo wallet activity surges after DTCC, SBI deals as ONDO eyes $0.38

ambcryptoОпубліковано о 2026-07-17Востаннє оновлено о 2026-07-17

Анотація

Activity around Ondo Finance is surging, with new wallet addresses doubling to 754 and daily active addresses jumping from 1,410 to 2,589 over a three-day period ending July 16. This spike in on-chain activity coincides with key new developments from the platform. Ondo recently launched tokenized stock representations using DTCC's infrastructure, aligning its products more closely with traditional U.S. markets and joining ranks with firms like BlackRock and JPMorgan. Additionally, a partnership with Japan's SBI Group aims to bring Japanese equities onchain and explore using a yen-backed stablecoin for settlement. This flurry of institutional deals and infrastructure expansion has drawn significant attention to ONDO as the token eyes a test of the $0.38 price level.

Activity around Ondo Finance [ONDO] is picking up! This is happening in tandem with its new infrastructure and partnerships, so it looks like good days are ahead.

Here’s the latest.

Ondo Finance’s on-chain activity shoots up

Per Santiment Intelligence, new addresses have increased for three straight days. The metric hit 754 on July 16; that’s about twice the pace seen earlier in the month. Daily active addresses also followed the pattern, going from 1,410 to 2,589 over the same period.

The key inference here, is that new developments have attracted attention to the platform.

Ondo recently launched tokenized stock representations using entitlements generated through DTCC’s tokenization infrastructure. This connects its products more closely with the systems used in traditional US markets.

The company stated that with this, they’re joining a select club of leading TradFi and DeFi firms. Some of the other well known names include BlackRock, JPMorgan, Goldman Sachs, Nasdaq, and the NYSE.

It also partnered with Japan’s SBI Group to bring Japanese equities onchain. The aim is to distribute Ondo products through SBI’s network and explore the use of a yen-backed stablecoin for settlement.

About the same, Ian De Bode, CEO, Ondo Finance, said,

This collaboration creates a path to bring Japanese assets onchain and to connect Japan with the global tokenized economy.

A test at $0.38

Трендові криптовалюти

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

ZRX（0X）ZRX

PancakeSwapCAKE

Пов'язані питання

QWhat are the two key partnerships or developments mentioned that have increased activity around Ondo Finance?

AThe two key developments are: 1) The launch of tokenized stock representations using entitlements generated through DTCC's tokenization infrastructure. 2) A partnership with Japan's SBI Group to bring Japanese equities onchain and explore using a yen-backed stablecoin for settlement.

QAccording to Santiment Intelligence data, how did new addresses and daily active addresses change around July 16th?

ANew addresses hit 754 on July 16th, which was about twice the pace seen earlier in the month. Daily active addresses increased from 1,410 to 2,589 over the same three-day period leading to July 16th.

QWhat is the significance of Ondo Finance's integration with DTCC's infrastructure according to the article?

AThe significance is that it connects Ondo's products more closely with the systems used in traditional US markets and places the company among a select group of leading TradFi and DeFi firms, including names like BlackRock, JPMorgan, and Nasdaq.

QWhat did Ondo Finance's CEO, Ian De Bode, say about the collaboration with SBI Group?

AIan De Bode stated, 'This collaboration creates a path to bring Japanese assets onchain and to connect Japan with the global tokenized economy.'

QWhat is the price level that ONDO token is said to be eyeing, as indicated in the article title?

AThe article title indicates that the ONDO token is eyeing a price of $0.38.

Пов'язані матеріали

Ethereum: What $164mln whale accumulation means for ETH’s recovery

Ethereum's price faced rejection at $1,944, falling to around $1,823 at press time. Despite the decline, significant whale activity was observed. Data indicated large whale orders for seven consecutive days, and one specific entity aggressively accumulated 89,396 ETH (worth approximately $164.88 million) over three days, including a $37.72 million withdrawal from an exchange. While this suggests some whales are buying the dip, broader market indicators remained weak. Exchange netflows were negative, meaning more ETH was leaving exchanges, but the Balance of Power metric shifted to show seller control. The price action is currently vulnerable below $1,944. Ethereum's next moves depend on whether sustained buying can defend the $1,800 level for a potential recovery toward $1,928, or if continued weakness pushes it toward $1,774.

ambcrypto3 хв тому

Ethereum: What $164mln whale accumulation means for ETH’s recovery

ambcrypto3 хв тому

Pyth Network’s TradFi push gains steam as PYTH nears $0.05

Pyth Network is expanding beyond crypto into traditional finance, with its native token PYTH approaching $0.05. The network has integrated institutional bond-market data from providers like Fenics Market Data, OpenYield, and Tradeweb, covering areas such as U.S. Treasuries and corporate bonds. This move aims to create a unified market data standard alongside its existing equities and futures data. Concurrently, Pyth is growing its presence in Asia, adding coverage for major Hong Kong stocks and a dedicated Seoul price feed. This expansion addresses regional demand for timely market data, as highlighted by recent volatility in South Korean markets, and can be packaged into paid products. The market has responded positively. The PYTH token has risen from its June lows, trading near $0.049 with its RSI at 67, indicating strong buying interest but nearing overbought conditions. A break above $0.05 could target $0.055, while rejection might pull the price back toward $0.045.

ambcrypto1 год тому

Pyth Network’s TradFi push gains steam as PYTH nears $0.05

ambcrypto1 год тому

‘There’s no point’: Democrats counter Blockchain Association’s CLARITY push

The Blockchain Association supports the CLARITY Act, arguing it establishes a federal regulatory framework for crypto, enhances law enforcement tools against financial crime, and brings exchanges and Bitcoin ATMs under stricter oversight while exempting non-custodial software developers. However, Democratic Senators Chris Murphy, Jeff Merkley, and Chris Van Hollen oppose the current version, demanding stricter ethics provisions to prevent conflicts of interest, specifically barring elected officials and their families from profiting from cryptocurrency businesses. Bipartisan compromise is seen as essential for passage. Amid negotiations, the act's approval odds on prediction market Polymarket have dropped significantly to 32%, down from a peak of 74%.

ambcrypto2 год тому

‘There’s no point’: Democrats counter Blockchain Association’s CLARITY push

ambcrypto2 год тому

From Somersaults to Working 24/7: We Saw the ‘Working-Class’ Aura in Robots at WAIC

From performing acrobatics to working 24/7: Robots at WAIC are getting down to business. This year's World Artificial Intelligence Conference (WAIC) in Shanghai showcased a significant shift in the robotics industry. While "show-off" robots that dance, play music, or compete in sports are still present, the dominant trend is now practical, task-oriented machines. Hundreds of wheeled and humanoid robots were deployed as guides, baristas, factory workers, and even traffic controllers, moving beyond mere demonstrations to highlight real-world "work capabilities." The focus has pivoted from showcasing technical parameters to pursuing mass production and industrial落地 (landing/implementation). This transition presents major challenges. First, deploying powerful AI models onto robots requires overcoming hardware limitations in computing power and latency. Second, robots demand complex, integrated systems for real-time perception and control. Third, achieving reliable mass production necessitates unprecedented industry-wide collaboration on standards and supply chains. A key bottleneck identified by industry leaders is the robot's "brain"—its AI and cognitive capabilities. While hardware and basic movement ("little brain") have advanced rapidly, the higher-level intelligence for understanding complex instructions and adapting to unstructured environments is progressing more slowly. Companies are investing heavily in developing more advanced "brain" systems, but fully autonomous operation in dynamic settings remains a work in progress. Cost is another critical hurdle. While some consumer-oriented humanoid robots are now priced under $15,000, capable industrial models often cost $50,000 or more. The industry consensus is that bringing robots into unstructured home environments for tasks like comprehensive cleaning is still at least five years away due to technical, safety, and cost barriers. Therefore, 2026 is being called the "first year of mass production," but primarily for industrial and specific commercial applications. WAIC 2026 served less as a stage for spectacular tricks and more as a serious examination of robots' commercial viability, marking their transition from laboratory prototypes to real-world products that must prove their value through stable, repetitive work.

marsbit3 год тому

From Somersaults to Working 24/7: We Saw the ‘Working-Class’ Aura in Robots at WAIC

marsbit3 год тому

ether.fi Partners with Nexus Mutual to Protect Against ETH Slashing at Institutional Scale

London-based digital asset neobank ether.fi has partnered with crypto insurance provider Nexus Mutual to secure the largest-ever Ethereum (ETH) Slashing Cover. This protection safeguards ether.fi's validators against penalties worth up to 15,000 ETH, a sum exceeding all historical ETH slashing losses combined. As ether.fi's validator set is one of the largest on Ethereum, slashing represents a significant tail risk. This cover, part of ether.fi's broader investment in security infrastructure, is designed to protect users, including a growing institutional base, in extreme scenarios. Mike Silagadze, Founder & CEO of ether.fi, stated the partnership aligns with their belief that the safest protocols will win, highlighting their investment in audits, security, and now major insurance. Hugh Karp, Founder of Nexus Mutual, noted ether.fi's long-term focus on risk management and called the 15,000 ETH cover a historic step. ether.fi manages over $6B in assets across cash, staking, and liquid restaking products. Nexus Mutual, a pioneer in crypto insurance alternatives, has provided over $7 billion in coverage since 2019 against risks like smart contract hacks and slashing.

TheNewsCrypto4 год тому

ether.fi Partners with Nexus Mutual to Protect Against ETH Slashing at Institutional Scale