ONDO FINANCE ANNOUNCES ONDO CHAIN

Summary from the TLDR Crypto newsletter

Ondo Chain is a new L1 blockchain designed to support institutional real-world asset (RWA) tokenization that bridges the gap between TradFi and DeFi. The chain addresses DeFi incompatibility, cross-chain liquidity fragmentation, high transaction fees, and institutional regulatory concerns. Ultimately, the Ondo Finance team hopes to enable seamless cross-chain asset issuance, institutional participation, and scalable financial applications.