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Cryptocurrency exchange Coinbase announced that it will list the Ondo Finance ($ONDO) altcoin on its platform.
According to Coinbase's statement, $ONDO listing will be supported on the Ethereum network. It was announced that trading will begin later today if liquidity conditions are met.
However, the stock exchange announced that $ONDO will be listed with the 'experimental' label. This tag is generally used for altcoins that are more open to speculation and may see high volatility in their prices.
$ONDO was listed on futures trading by cryptocurrency exchange Binance two days ago, but it is not yet traded on Binance in the spot market. Ondo Finance stands out as a listing that fits the 'real world assets (RWA)' trend that has been on the agenda lately. The developers claim to invest stablecoins staked on the platform into US bonds.
*This is not investment advice.
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decrypt.co
