- 1inch integrates Ondo Finance for DeFi access to RWAs.
- Enables tokenized U.S. stocks and ETFs trading globally.
- Boosts DeFi liquidity and blockchain inclusivity.
1inch, a major decentralized exchange aggregator, has integrated Ondo Finance’s tokenized real-world assets into its platform, offering global users outside the U.S. and UK access to tokenized stocks and ETFs.
This integration bridges traditional finance with DeFi, enhancing market liquidity and offering non-U.S. crypto investors access to U.S. securities.
1inch’s integration of Ondo Finance’s tokenized real-world assets (RWAs) marks a pivotal moment in decentralized finance by bridging traditional and blockchain finance, facilitating global inclusivity and enhancing DeFi liquidity.
1inch’s Integration with Ondo Finance
1inch has upgraded its Swap API by integrating Ondo Finance’s tokenized real-world assets, offering access to tokenized U.S. stocks and ETFs for users outside the U.S. and UK. This move increases the utility of DeFi platforms. Ondo Finance, led by CEO Nathan Allman, provides these assets on-chain, converging traditional finance with blockchain technologies. The integration allows Trust Wallet and Bitget Wallet users easy access to these RWAs.
The integration has increased overall DeFi liquidity, enabling 24/7 trading for qualified non-U.S. users. This reflects the growing trend of bridging traditional and decentralized finance for global financial inclusivity. The announcement resulted in an approximately 2% increase in the value of 1inch’s native token (1INCH). Additionally, related tokens like Ondo’s ONDO saw an upward price movement, enhancing the appeal to investors.
Nathan Allman, Founder and CEO of Ondo Finance, remarked, “Global investors can now access the largest selection of tokenized U.S. stocks and ETFs onchain. We saw stablecoins export the U.S. dollar by bringing it onchain. Now, Ondo Global Markets is doing the same thing for U.S. securities.”
Exploring Tokenized Stocks on the Ethereum Network indicates that this collaboration could set a precedent for more financial assets transitioning to blockchain solutions. Historical trends suggest that similar integrations have improved cross-chain liquidity and asset availability.
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