Ondo Finance: A Deep Dive into the US RWA Model and its Global Implications

This article delves into the innovative approach of Ondo Finance, a leading U.S.-based project pioneering real-world asset (RWA) tokenization. Utilizing established financial instruments like U.S. Treasury bonds and money market funds as its foundation, Ondo exemplifies a compliant path towards on-chain finance accessibility. We dissect its multi-phase strategy, explore the technical mechanisms driving its success, and analyze the potential for China’s RWA evolution.