Bitget Wallet to Launch with Ondo's Tokenized Securities This Summer

Ondo Finance Acquires Blockchain Developer Strangelove

Hold onto your hats, crypto fans! Bitget Wallet is about to shake things up by supporting Ondo Finance's tokenized stocks, ETFs, and real-world assets (RWAs) right out of the gate this summer. This move is set to bring tokenized securities to Bitget's massive user base of over 80 million worldwide, giving users the power to manage and transfer these assets straight from their wallets. It's a game-changer!

Here's the scoop: Ondo Finance, the brains behind the operation, is leading the charge with the Global Markets Alliance. This powerhouse group is all about bringing regulated financial products onto the blockchain, and they're doing it with style. Alongside Bitget Wallet, you've got heavy hitters like Solana Foundation, Jupiter Exchange, 1inch, BitGo, Fireblocks, Trust Wallet, Rainbow Wallet, and Alpaca. Each member is playing a crucial role in making tokenized assets accessible to everyone.

But wait, there's more! The alliance is setting the stage for the launch of Ondo Global Markets. This platform is designed to let wallets and apps give non-U.S. users direct access to U.S. securities. And get this—they're kicking off with over 100 tokenized assets right from day one, pumping deep traditional finance liquidity into the decentralized world. It's a massive leap forward!

Ondo Finance isn't stopping there. They're beefing up their game by acquiring blockchain development firm Strangelove. Known for their work across the Cosmos ecosystem and beyond, Strangelove brings essential engineering know-how and validator infrastructure to Ondo's tech stack. This acquisition is a clear signal that Ondo is serious about bringing real-world assets onto the blockchain.

“This acquisition reinforces our commitment to building the foundational infrastructure to bring financial markets onchain,” said Ondo founder and CEO Nathan Allman, dropping the mic like a boss.

Ondo has been on a roll lately. Just earlier this month, they teamed up with Pantera Capital to pledge a whopping $250 million to invest in RWA projects. Then, they went and acquired Oasis Pro, snagging a U.S. SEC-licensed broker-dealer. Now, with Strangelove on board, Ondo is claiming the title of “the only full-stack tokenized asset platform with omnichain asset issuance.” It's a bold statement, but they're backing it up with action!