Ondo Finance Launches Nexus, Boosting Tokenized Treasury Liquidity

Ondo Finance, a leading player in the real-world asset (RWA) tokenization space, has launched Ondo Nexus, a new initiative aimed at expanding liquidity for tokenized Treasuries issued by third parties. The platform, which leverages assets from prominent financial institutions such as Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital, utilizes the 24/7 liquidity provided by BlackRock and PayPal. This move follows Ondo Finance's earlier collaboration with Ripple to bring its tokenized US Treasury fund, OUSG, to the XRP Ledger (XRPL).

Nathan Allman, CEO of Ondo Finance, expressed his enthusiasm about the launch of Ondo Nexus, stating that it represents a significant step forward in advancing tokenized Treasuries and the broader RWA category. The initiative strengthens partnerships with traditional finance institutions while improving the redeemability of tokenized assets. Ondo Nexus enables investors to redeem tokenized Treasuries for stablecoins such as USDC, with PayPal USD (PYUSD) expected to be added soon, enhancing the accessibility and flexibility of digital assets backed by traditional financial instruments.

The launch of Ondo Nexus has sparked a significant increase in investor interest and confidence in Ondo Finance, leading to a 15% surge in the price of ONDO, which reached $1.38. The token has also gained 7.74% over the past week, reflecting the growing demand for tokenized Treasuries and RWA tokenization. Technical indicators suggest a continuation of the upward trend, with a Golden Cross forming as the 50-day moving average crosses above the 200-day moving average. Additionally, ONDO price is forming a Falling Wedge pattern, which could lead to further gains if a breakout occurs. The Relative Strength Index (RSI) currently stands at 50.68, indicating neutral to slightly bullish momentum. The next resistance level is estimated near $2.60, while support levels are at $1.01 and $0.79.

The RWA sector has witnessed remarkable growth, with total value locked (TVL) in tokenized Treasuries surpassing $3 billion in 2024. Ondo Finance's continued innovation and expansion in the RWA space have contributed to this growth. By integrating tokenized Treasuries from multiple issuers, Ondo Nexus strengthens