Ondo Scraps Tokenized Asset Blockchain for Private High-Speed Trading Network

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Ondo Finance has abandoned its plans to build a tokenized asset blockchain, pivoting instead to a private, high-speed trading network. The new infrastructure is designed to support faster and more efficient trading of financial assets on-chain. The network already powers Ondo's recently launched perpetual futures trading platform. The company intends to expand the network's capabilities over time to support a broader range of on-chain financial asset trading.

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