Ondo and Pantera Capital invest $250M in real-world asset projects through Ondo Catalyst initiative.

Ondo Finance and Pantera Capital collaborate to invest $250 million in real-world asset (RWA) projects through the Ondo Catalyst initiative, focusing on protocols and infrastructure for tokenized finance and on-chain capital markets. Tokenization trend gains momentum as traditional financial instruments like stocks and bonds move onto blockchain platforms for more efficient operations. Ondo is a major player in tokenized U.S. Treasury issuance, with tokens valued at nearly $1.4 billion, developing a layer-1 blockchain network for tokenized RWAs. News of the partnership reported by Axios.

Read more at Yahoo Finance: Ondo, Pantera Capital to Invest $250M in Real-World Asset Projects