Benefiting from BlackRock's RWA Fund Tokenization, ONDO Breaks $1.12

BlockBeats News, September 12, according to HTX market data, ONDO has broken through $1.12, with a 24-hour price increase expanding to 10.76%. The current market cap is $5.41 billion, with a fully diluted market cap of $11.1 billion.

Early this morning, BlackRock announced plans to tokenize funds holding real-world assets and stocks and place them on-chain. Ondo Finance had previously collaborated with BlackRock to launch the tokenized U.S. Treasury bond fund BUIDL through the Securitize platform, with Ondo Finance being the largest holder of BUIDL.