Real world asset tokenization is on the rise. And now, Ondo Finance and Pantera Capital are preparing to inject hundreds of millions of dollars into new companies.

What’s happening:

  • Ondo Finance and Pantera Capital have partnered to form a new $250M USD joint venture focused on investing in real world asset tokenization companies

Why it matters:‍

  • Ondo Finance has quickly become one of the leading digital asset protocols for tokenization, with their tokenized United States Treasuries OUSG and USDY tokens having more than $1B USD in total market capitalization

Going deeper:‍

  • Ondo Finance and Pantera Capital have publicly stated they plan to fund new real world asset tokenization companies through both equity stakes and direct investments into project tokens
  • Real world asset tokenization has also continued to be a major theme in the public markets, which has notably been fuelled by Robinhood (NASDAQ: HOOD) recently submitting a regulatory proposal to the United States Securities and Exchange Commission focused on developing a new legal framework for how assets can be tokenized and traded on the blockchain

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