‘Wall Street is Coming to BNB Chain’ via Partnership With Ondo Finance

Key Points

1. BNB Chain and Ondo Finance's partnership aims to integrate real-world assets (RWAs) like U.S. stocks and ETFs into the blockchain ecosystem.

2. The collaboration includes the Global Markets Alliance, with members like Solana Foundation, Bitget, Fireblocks, 1inch, and Alpaca.

3. Ondo’s tokenized RWAs will simplify access to traditional financial assets without leaving the BNB Chain network.

4. BNB Chain's Maxwell upgrade has reduced block times to 0.75 seconds, improving transaction speed while maintaining low fees.

5. BNB Coin (BNB) and ONDO token saw price increases following the announcement, though ONDO later experienced a market-driven decline.