The filing does not reveal what assets the fund will hold, but Securitize’s presence potentially suggests the product has something to do with the tokenization of real-world assets, or RWA – industry jargon for representing ownership of a wide range of assets through a token on a blockchain. After BlackRock’s filing came out, Ondo Finance’s native token ONDO jumped as much as 20%, and is up 12% over the past 24 hours outperforming the broad-market CoinDesk 20 Index (CD20) and bitcoin (BTC). Ondo runs a RWA platform.
Trump Memecoin’s 85% Weekly Surge Defies Democrats’ Call for Impeachment, Massive Unlocks
TRUMP, the memecoin tied to U.S. President Donald Trump, is up about 16% in the last 24 hours, even as...