The Protocol Defi ondo Finance’s Token rises in the midst of the exaggeration of tokenization

The Token belonging to the asset manager and the Decentralized Finance Technology firm ONDO FINANCE is extending profits this week along with a rising cryptographic market and new holders related to the world’s largest asset manager, Blackrock.

Although the widest upward feeling of the cryptographic market is being driven by the great possibility of a decision to reduce federal reserve rates, the increase in tokens coincides with Blackrock’s plans to introduce funds quoted in the stock market in public blockchains, Bloomberg reported Wednesday.

ONDO increases almost 10% in the day to $ 1.10 after obtaining more than 21% earnings this week, Coingcko The data show.

Thursday’s profits continue last week Launch of tokenized versions of more than 100 stocks, ETF and other actions that are quoted in the United States. Global market platform.

Lai Yuen, investment analyst at Fischer8 Capital, said Decipher Ondo’s price increase is probably driven by “emotion around tokenized actions.”

Partners and advisors aboard Ondo’s global markets, which include Wisdomtree tastes, have helped increase the platform by $ 160 million on TVL for nine days.

That everyone excepts “underline the strong early traction of the project,” said Yen.

Meanwhile, the total value of Ondo Finance is almost tripled since the beginning of 2025, growing from $ 611 million to $ 1.57 billion, Mandiler The data show.

The long -term perspective remains optimistic, according to Yuen, who postulates that even if the project captures 10% of the stock market, it would translate into “a substantial rates generation for Ondo tokens holders.”

“The regulatory pit of the project, reinforced by its advisor Board, provides a long -term lasting advantage that will be difficult for competitors to replicate,” he said.