Ondo Finance and prominent crypto investment firm Pantera Capital have announced the launch of the Ondo Catalyst fund, targeting $250 million in investments.
The fund specifically focuses on projects dedicated to tokenizing real-world assets (RWA), aiming to enhance liquidity and transparency within the decentralized finance (DeFi) sector.
This strategic partnership arrives as US regulators signal a more favorable stance towards tokenization innovation, potentially accelerating adoption.
The tokenized RWA market has seen significant expansion, growing approximately 380% since 2022 to reach a valuation of $24 billion, excluding stablecoins.
The fund plans to deploy capital into carefully vetted RWA projects, mitigating risks while targeting growing institutional demand for regulated blockchain-based financial products.