$ONDO-USD

Ondo

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Ondo surges 26% as BlackRock tokenization push expands – But THIS risk

Ondo Finance's token (ONDO) surged 26.73% after launching BlackRock-powered portfolios, expanding its tokenization offerings. Spot volume increased 276.89%, with aggressive buyers driving the rally. ONDO broke $0.5201 resistance, trading around $0.5361, but faces overbought RSI and liquidity risks at $0.48.

Crypto shrugs off Bitget's $351.6 million hack as altcoins rally: Crypto Markets Today

Altcoins rallied, with 93 of 100 CoinDesk 100 constituents rising, as Bitcoin consolidated near $84,342. Compute and DeFi tokens led gains. Bitget reported a $351.6 million hack but stated a $464 million protection fund covers the loss. Traders rotated into altcoins as Bitcoin's recent surge stalled. Derivatives data showed mixed positioning, with some tokens like ZEC and LINK seeing increased activity.

ONDO and QNT Lead RWA Rally: What’s Driving Today’s Price Action?

ONDO and QNT, up 28.7% and 38.2% respectively, lead today's rally in real-world asset (RWA) tokens. ONDO gained after BlackRock launched Intelligent Portfolios, while QNT rose following its selection by The Clearing House. Both tokens are benefiting from institutional developments in the RWA sector.

ONDO-USD sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 9 news stories mentioning ONDO-USD (Ondo). Coverage has skewed bullish: 9 bullish, 0 neutral, and 0 bearish.

Recent ONDO-USD coverage spans crypto and market movers.

What's driving ONDO-USD

AlphAI scores every news story that mentions ONDO-USD with an AI model for sentiment and relevance, and aggregates insider trades from Ondo's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $ONDO-USD

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Crypto shrugs off Bitget's $351.6 million hack as altcoins rally: Crypto Markets Today

Altcoins rallied, with 93 of 100 CoinDesk 100 constituents rising, as Bitcoin consolidated near $84,342. Compute and DeFi tokens led gains. Bitget reported a $351.6 million hack but stated a $464 million protection fund covers the loss. Traders rotated into altcoins as Bitcoin's recent surge stalled. Derivatives data showed mixed positioning, with some tokens like ZEC and LINK seeing increased activity.

Ondo Finance Tokenized Portfolios Launch Backed by BlackRock

Ondo Finance launched three tokenized portfolio products based on BlackRock's investment strategies, available to qualified investors outside the US. The tokens, BLKHIon, BLKDIGon, and BLKGRWon, cover income, diversified growth, and high-growth strategies. ONDO token surged 16% in a day, 37% over a week, and 33% year-to-date, despite Bitcoin's decline. BlackRock provides strategies but does not manage the tokens. Ondo faces a leadership dispute.

Ondo Surges 25% as BlackRock Portfolios Launch Drives Rally

Ondo (ONDO) surged 25% in 24 hours following the launch of BlackRock-powered 'Ondo Intelligent Portfolios,' which tokenize BlackRock model strategies. The rally is attributed to the RWA narrative and institutional interest, with ONDO trading around $0.53 and a market cap of $2.6B. Trading volume spiked 175% to $750M.

ONDO Price Eyes $0.598 as Bullish Momentum Builds Amid DeFi Expansion

Ondo Finance (ONDO) is experiencing renewed buying interest, with analysts targeting $0.598 if bullish momentum strengthens. The token is trading at $0.3616, with a 24-hour volume of $95.42 million and a market cap of $1.76 billion. Ondo is expanding its tokenized stock ecosystem through integrations with 0x and Matcha, aiming to improve liquidity and trading access in DeFi.

$ONDO-USDLow

Ondo's USDY crosses $2.1B market cap in 3 years

Ondo Finance said its tokenized Treasury note USDY, backed by short-term U.S. Treasuries and bank deposits, hit a $2.1 billion market cap in three years. Ondo said USDY launched in Aug 2023, expanded to six blockchains, has nearly 30,000 holders, and recorded $8.5 billion in transfer volume, with permissionless minting and redemption.

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