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Treasuries Get Liquid

Ondo's token release could trigger an RWA embrace

Jack Inabinet
Jan 18, 2024 • 1 min read

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Tokenized real-world asset issuer Ondo Finance conducted its token sale in May 2022, and early apes have been waiting nearly a year and a half for liquidity! Today, they finally received it. How can you capitalize on the ONDO opportunity?

The 18k individual participants in Ondo’s CoinList token sale were promised their tokens would begin to unlock last June, but all ONDO tokens were subject to a global lock-up that could only be removed by majority ONDO token holder vote.

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Written by Jack Inabinet

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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.