ONDO, a RWA Platform, Will Be Listed on CoinW Exchange

CoinW,
the
world’s
pioneering cryptocurrency
trading
platform,
will
list
ONDO,
the
governance
token
of
Ondo
Finance,
on
the
DEFI
Zone.
For
all
CoinW
users,
the
ONDO/USDT
will
be
officially
available
for
trading
on
August
2nd
2024,
at
12:00
(UTC).
To
celebrate
the
listing
of
ONDO,
we
are
launching
the “ONDO
bounty
program:
Register
&
Trade
&
Retweet”
event
with
a
reward
pool
of
5,000
USDT.

Introduction
of
Ondo
Finance
and
ONDO
Token

Launched
on
January
8th
this
year,
ONDO
has
exhibited
impressive
growth,
expanding
its
market
cap
from
$250
million
to
$1
billion
within
six
months.
Ondo
Finance
is
at
the
forefront
of
the
Real-World
Asset
(RWA)
sector,
revolutionizing
Web3
investment
banking
by
tokenizing
U.S.
Treasury
bonds.
Supported
by
prominent
institutions
such
as
BlackRock
and
Morgan
Stanley,
and
backed
by
leading
venture
capital
firms
like
Founders
Fund,
Pantera
Capital,
and
Coinbase
Ventures,
Ondo
Finance
is
a
decentralized,
institutional-grade
financial
protocol.
It
leverages
blockchain
technology
to
offer
low-risk,
stable,
and
scalable
financial
products
like
U.S.
Treasuries
and
money
market
funds
to
on-chain
investors.

ONDO
serves
as
the
governance
token
for
Ondo
DAO
and
Flux
Finance,
with
a
total
supply
of
10
billion
tokens
distributed
as
follows:
2%
for
community
access
sales,
52.1%
for
ecosystem
growth,
33%
for
protocol
development,
and
12.9%
for
private
sales.
The
protocol’s
unique
approach
allows
holders,
rather
than
issuers,
to
earn
the
majority
of
the
underlying
asset’s
yield,
presenting
an
attractive
alternative
to
stablecoins.

Project
Success
and
Community
Engagement

Ondo
Finance
has
introduced
two
core
products:
USDY,
targeting
retail
investors,
and
OUSG,
aimed
at
accredited
investors.
These
products
tokenize
real-world
assets
like
U.S.
Treasuries
and
money
market
funds,
bringing
them
onto
the
blockchain.
This
innovative
approach
has
garnered
a
strong
community
base,
with
193,000
followers
on
Twitter
and
83,850
members
on
Telegram,
predominantly
from
Europe
and
the
United
States.

Since
its
inception,
Ondo
Finance
has
raised
over
$30
million
through
various
funding
rounds,
including
a
$4
million
seed
round
led
by
Pantera
Capital
in
August
2021,
a
$20
million
Series
A
led
by
Founders
Fund
and
Pantera
Capital
in
April
2022,
and
a
$10
million
public
sale
in
July
2022,
valuing
the
company
at
$535
million.
Current
on-chain
data
indicates
a
liquidity
pool
of
$11
million
and
55,748
token
holders.

5,000
USDT
Limited-Time
Offer
for
CoinW
Community

To
celebrate
the
listing,
5,000
USDT
equivalent
ONDO
prize
pool
will
be
up
for
grabs
from
August
2nd,
2024,
at
12:00
to
August
12th,
2024,
at
16:00
(UTC).
By
participating
in
events
such
as
registration,
trading,
and
community
events,
CoinW
users
have
the
opportunity
to
share
in
a
prize
pool
of
5,000
USDT.
 To
claim
your
rewards,
please
click here.

About
CoinW

CoinW is
a
pioneering
crypto
trading
platform
that
prioritizes
security,
transparency,
and
user-centric
principles.
With
advanced
technology,
deep
liquidity,
and
a
wide
range
of
supported
cryptocurrencies,
the
company
has
amassed
a
broad
user
base
to
become
one
of
the
world’s
most
secure crypto
exchanges.
Committed
to
security,
transparency,
and
compliance,
the
CoinW
exchange
upholds
the
highest
regulatory
standards
and
actively
contributes
to
the
advancement
of
the
crypto
industry.
To
learn
more
about
CoinW,
you
can
visit
the
official website,
and
follow
CoinW’s Twitter
Account, Btok,
and Telegram
Group.

About
ONDO

Ondo
Finance is
a
decentralized
institutional-grade
financial
protocol
leveraging
blockchain
technology
to
offer
institutional-grade
financial
products
and
services,
creating
an
open,
permissionless,
decentralized
investment
bank.