Ondo ditched its L1 plans, launching Ondo Network for institutional trading.
This new private network powers Ondo Perps, separating fast trade execution from public blockchain settlement. It’s built for institutional speed and privacy.
Our take: Building a private network for speed is pragmatic. Traditional blockchains can't handle Wall Street's high-frequency demands. This move acknowledges that limitation, focusing on what institutions need to use tokenized assets.
Watch 0.401, the EMA20. Losing it invalidates current strength. $ONDO
This new private network powers Ondo Perps, separating fast trade execution from public blockchain settlement. It’s built for institutional speed and privacy.
Our take: Building a private network for speed is pragmatic. Traditional blockchains can't handle Wall Street's high-frequency demands. This move acknowledges that limitation, focusing on what institutions need to use tokenized assets.
Watch 0.401, the EMA20. Losing it invalidates current strength. $ONDO