Ondo Finance (@OndoFinance): Tokenization is transforming finance.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Tokenization is transforming finance. This week, major banks planned a tokenized deposit network, payment giants expanded stablecoin settlement, and new asset classes came onchain. Latest tokenization news ↓ 1️⃣ America's biggest banks plan tokenized deposit network JPMorgan, Citi, Bank of America, and Wells Fargo, alongside 12+ other banks, plan to launch a tokenized deposit network by H1 2027. https://www.wsj.com/finance/banking/jpmorgan-citi-and-big-banks-plan-new-tokenized-deposit-system-to-answer-crypto-6b2d696b 2️⃣ Mastercard expands card settlement hours via stablecoins Mastercard announced the use of stablecoins to enable intraday and weekend settlement between card issuers and acquirers across eight blockchains and six regulated stablecoins. https://www.ledgerinsights.com/mastercard-expands-card-settlement-hours-via-stablecoins/ 3️⃣ Goldman Sachs launches tokenized real estate fund on GS DAP Goldman Sachs launched a blockchain-native real estate fund on its GS DAP platform, with LRC Group as fund manager and Archax as custodian. https://www.ledgerinsights.com/tokenized-real-estate-fund-issued-on-goldman-sachs-distributed-ledger/ 4️⃣ Citi releases Tokenization 2030 report Citi Institute's latest report projects the tokenized real-world asset market growing from $17B today to $5.5T by 2030, with stablecoins reaching $1.9T. https://x.com/OndoFinance/status/2061893846686904665?s=20 5️⃣ Ondo tokenized stocks will soon be usable as collateral on @OndoPerps The RWA perps platform powered by Ondo Finance technology launches Tuesday, June 9 for non-US users. https://x.com/OndoFinance/status/2061807412344942911