RWA-related M&A picks up as companies hunt for US licenses
2025-07-16 21:28:51
Main Idea
Ondo Finance's acquisition of Strangelove highlights the growing trend of RWA-related M&A activity as companies seek US licenses and expand blockchain-based financial services.
Key Points
1. Ondo Finance acquired blockchain development company Strangelove, following its earlier purchase of Oasis Pro, to enhance its platform for tokenized asset operations.
2. Ondo Global Markets will initially offer access to 100+ stocks and ETFs on Ethereum, with plans to expand to BNB Chain and Solana.
3. Strangelove's cross-chain modular consensus architecture is expected to support Ondo's platform in tokenized asset operations.
4. Other firms, like Apollo Global Management, are focusing on tokenizing less liquid assets such as private credit.
5. Nasdaq-listed BSGM plans to acquire a FINRA- and SEC-registered broker-dealer to offer gold-backed tokenized assets.
Description
Ondo Finance’s acquisition of blockchain development company Strangelove follows its buy of Oasis Pro
Latest News
- Cosmos drops Hub-native EVM in sudden pivot2025-07-17 16:03:55
- Bitcoin treasury companies acquired 244,991 bitcoin in the first half of 2025: K332025-07-17 15:09:37
- Canary continues filing spree with staked Injective ETF proposal2025-07-17 13:54:29
- RWA-related M&A picks up as companies hunt for US licenses2025-07-16 21:28:51
- Solana rallies as risk appetite returns2025-07-16 21:28:31