$250M Ondo Catalyst Fund Ignites RWA Tokenization ‘Arms Race’
2025-07-03 22:35:49
Main Idea
Ondo Finance and Pantera Capital launch a $250 million fund to expand tokenized real-world asset (RWA) projects, amid growing competition and regulatory shifts in the blockchain finance sector.
Key Points
1. Ondo Finance and Pantera Capital are launching a $250 million fund named Ondo Catalyst to support early-stage tokenized RWA projects.
2. Tokenized RWAs have grown 380% since 2022, reaching a $24 billion valuation as of June, excluding stablecoins.
3. Regulatory shifts are driving innovation, with companies like Robinhood, Kraken, and Coinbase working on tokenized stock offerings.
4. Ondo Finance has formed the Global Markets Alliance, partnering with firms like OKX Wallet to promote blockchain-based finance.
5. BlackRock's $3.85 billion Bitcoin purchase has boosted its IBIT fund, now outperforming its S&P 500 ETF in revenue.
Description
Ondo and Pantera Launch $250M Catalyst Fund Ondo Finance and Pantera Capital are partnering to launch a $250 million fund named Ondo Catalyst to expand the creation of tokenized real-world asset (RWA) projects. The fund will seek to take equity and token positions in early-stage projects transforming traditional finance with blockchain technology. Ondo Chief Strategy Officer Ian De Bode stressed the need for early-stage backing in the now more competitive RWA landscape, terming the trend an “arm...
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