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Ondo Finance allows tokenized stocks as collateral for perpetual trading. · Cyprus Report

Business · World

Ondo Finance allows tokenized stocks as collateral for perpetual trading.

1 sourceFirst reported 14 days agoUpdated 14 days ago

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Ondo Finance has announced that its tokenized stocks can now be used as collateral for perpetual trading.
Last year, the company launched on-chain access to over 100 U.S. stocks and ETFs.
This new feature aims to enhance trading options for users engaged in perpetual trading.
Tokenized stocks represent real-world assets and are designed for a decentralized finance (DeFi) environment.
The integration of tokenized equities into perpetual trading marks a significant development in the DeFi space.

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Ondo Finance says tokenized stocks can now be used as collateral for perp tradingThe Block · 14 days ago

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AI summary: catch up in 20 seconds

Ondo Finance has announced that its tokenized stocks can now be used as collateral for perpetual trading.
Last year, the company launched on-chain access to over 100 U.S. stocks and ETFs.
This new feature aims to enhance trading options for users engaged in perpetual trading.
Tokenized stocks represent real-world assets and are designed for a decentralized finance (DeFi) environment.
The integration of tokenized equities into perpetual trading marks a significant development in the DeFi space.

Generated by AI from the 1 sources below · always verify with the originals