Ondo Finance: Its stock tokenization platform sources liquidity from the stock market, not AMM pools.

This article is machine translated
Show original

PANews reported on December 11 that Ondo Finance stated in a post on its X platform that the liquidity of its stock tokenization platform comes from the stock market, primarily from Nasdaq and the New York Stock Exchange, rather than AMM pools. This ensures virtually no slippage during large-scale transactions. Each stock token is fully backed by custodial shares, using a model similar to stablecoin reserves.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments