Wearer of hats

London, England
Joined June 2016
Pretty big 1st year if you ask me
One year of pioneering tokenized stocks. Today marks one year of Ondo Stocks. Since launch, the tokenized stock market has grown nearly 23x, from roughly $100M to almost $3B. Ondo Stocks did more than participate in that growth. It defined the category: → First to bring TradFi liquidity onchain → First to reach $1B in tokenized stock TVL → First to bring deep liquidity to 24/7 trading Year one proved tokenized stocks can scale. The next chapter is about the new products and markets tokenization makes possible. Billions today. Trillions tomorrow.
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Introducing Ondo Network. Financial infrastructure always meant tradeoffs: speed, privacy, control, verifiability. You bought one by giving up another. Those tradeoffs seemed inherent. They weren’t: They came from forcing execution, verification, and settlement into one place.
Introducing the Ondo Network, the execution layer for open financial markets, and the evolution of our vision for Ondo Chain. Fast and private like a CEX. Verifiable like a blockchain. Non-custodial in design. How it works: → Enclaves for private, high-speed execution → Decentralized attestors for verifiability → Blockchains for asset transfer settlement The first application powered by the Ondo Network is @OndoPerps, the high-performance perpetual futures platform. But the Network is not a perps-specific system. It is general-purpose infrastructure for any application that needs execution speed, privacy, and distributed, verifiable correctness. Spot markets, structured products, lending markets, and more can all be built on it. Our mission has always been to make finance more accessible, and blockchain was our most powerful tool for getting there. But we always let the goal, not the technology, lead. And building for Ondo Perps, we realized that addressing the infrastructure constraints that matter today didn’t require us to build a chain — at least in the traditional sense — at all. Financial infrastructure always meant tradeoffs: speed, privacy, control, verifiability, you bought one by giving up another. Those tradeoffs seemed inherent. They weren’t. They came from forcing execution, verification, and settlement into one place. Separate them, and you can have the right technology for the right use. That’s the Ondo Network. Though the Ondo Network was first launched to enable Ondo Perps, this is only just the beginning of what can be done, including further opening the attestor set, proof-of-stake security, onchain state settlement, additional cryptographic proofs, selective privacy, and novel roles for staking. Note that with each of these, the Ondo Network starts to look more like what people have always actually valued in a blockchain: many independent operators, one shared history, security that comes from economics and cryptography instead of mere trust, and rules anyone can check. But it does so in a way that gives users the speed and privacy they want. That’s why the Ondo Network is really the continuation of what we set out to build with Ondo Chain. It isn’t a blockchain today; it doesn’t need to be. But as the Network evolves, we expect that distinction to get harder to make. While the Ondo Network isn’t the blockchain we initially planned, it’s actually the truer expression of why we wanted one. The future of open financial markets won’t be defined by onchain or offchain, but by the properties that they need to function: speed, privacy, robustness, verifiability, composability, and access, all in different measures for different use cases. The Ondo Network is not a bet on any one technology, but on the goal every technology we’ve adopted was meant to serve: a financial system genuinely accessible to everyone. One that’s composable and non-custodial. Verifiable without being fully visible. Fast without being centralized. Private without being opaque. The Ondo Network is the evolution of the vision for Ondo Chain. And the first version is live today.
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Innovation, on innovation, on innovation
Weekend trading just got a major upgrade. 10 more of the most in-demand Ondo Stocks are now live with real 24/7 trading: → AMD → Intel → Micron → TSMC → Marvell → SpaceX → SanDisk → Broadcom → SK hynix → Arm Holdings That brings the 24/7 lineup to 16 assets, joining SPYon, QQQon, CRCLon, NVDAon, TSLAon, and GOOGLon 🧵↓
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Ondo Perps is now open to all eligible traders, offering up to 20x leverage on the equities, indices, and commodities that global investors most want to trade. For the first time on a permissionless perps platform, tokenized stocks and ETFs can be posted as collateral alongside stablecoins. The design draws on what we learned building Ondo Global Markets. Rather than requiring market makers to pre-fund large pools of tokenized assets, we built Ondo Global Markets around a just-in-time liquidity model that connects directly to the depth already sitting in the underlying markets. Ondo Perps extends that same lesson to derivatives. Market makers can quote based on real market depth and hedge by posting the tokenized stock itself as collateral. One pool of capital doing what used to take two. During private beta, nearly $2 billion in volume traded through the platform, showcasing how much appetite there is for equity perps built on real market liquidity. Tokenized securities put real-world assets within reach of anyone with an internet connection. Ondo Perps is how you trade them. The collateral model that connects the two is the foundation for what comes next.
Ondo Perps is live. Up to 20x leverage on equity perps is here, with tokenized stocks as collateral & up to $3 million in rewards. Ondo technology first revolutionized tokenized stocks & now powers perps markets for: ✅ Oil ✅ Intel ✅ Gold ✅ AMD ✅ Meta ✅ Tesla ✅ Silver ✅ Apple ✅ Circle ✅ Nvidia ✅ Oracle ✅ Netflix ✅ DRAM ✅ Micron ✅ US 100 ✅ US 500 ✅ SpaceX ✅ Palantir ✅ Amazon ✅ Strategy ✅ Alphabet ✅ Coinbase ✅ Microsoft ✅ Robinhood All available for permissionless trading 24/7/365. Ondo Perps is the first platform to allow tokenized stocks as collateral, available now for Pre-Alpha users. RWA perps can now trade on a platform built to deliver liquidity and capital efficiency on par with traditional derivatives exchanges. Traders can deploy capital in size, run sophisticated strategies, and seamlessly manage risk all on a single platform that eliminates the constraints of traditional derivatives venues. No expiry. No closing bell. Just institutional-grade execution on the world’s most-traded markets. Accessible now to billions globally outside the U.S., Panama, and other prohibited jurisdictions.
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