Tina Fey Tackles Ondo’s DeFi Turbo Boost with Bitget Wallet & New Acquisition

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So, here’s the tea: Bitget Wallet is getting all fancy and will now support Ondo’s tokenized securities this summer. And guess what? Ondo Finance is not just sitting around; they’re shaking things up by acquiring the blockchain developer Strangelove. 🚀

Bitget Wallet, the wallet with more users than a crowded subway car, has just announced it will support Ondo Finance’s tokenized stocks, ETFs, and RWAs at launch this summer. This means 80 million users can now self-custody and transfer tokenized stocks, funds, and more directly from their wallets. It’s like getting a backstage pass to the world of tokenized assets! 🎟️

For those who need a bit of context, the Global Markets Alliance is a coalition led by Ondo Finance (ONDO) to bring regulated financial products on-chain through a unified technical and compliance framework. Think of it as a superhero team-up, but for finance. The alliance includes Solana Foundation, Jupiter Exchange, 1inch, BitGo, Fireblocks, Trust Wallet, Rainbow Wallet, and Alpaca, each playing a critical role in making tokenized assets accessible to everyone. 🦅

The alliance is setting the stage for the launch of Ondo Global Markets, a platform that will allow wallets and applications to provide users outside the U.S. with direct access to U.S. securities. On day one, the Global Markets Alliance will launch with over 100 tokenized assets, bringing deep TradFi liquidity into decentralized systems. It’s like bringing the stock market to your living room, but with more emojis. 📈

But wait, there’s more! Ondo Finance is not just resting on its laurels. They’re doubling down on their mission to bring real-world assets on-chain with the recent acquisition of blockchain development firm Strangelove. Strangelove, known for its contributions to the Cosmos ecosystem and other blockchain networks, brings vital engineering expertise and validator infrastructure to Ondo’s technology stack. It’s like adding a secret ingredient to your favorite recipe. 🧂

“This acquisition reinforces our commitment to building the foundational infrastructure to bring financial markets on-chain,” said Ondo founder and CEO Nathan Allman. It’s like he’s saying, “We’re not just building a bridge; we’re building a whole new world.” 🌍

The acquisition follows a flurry of activity from Ondo. Earlier this month, the firm, in partnership with Pantera Capital, announced a $250 million commitment to invest in RWA projects. Days later, Ondo acquired Oasis Pro, gaining access to a U.S. SEC-licensed broker-dealer. With Strangelove now onboard, Ondo claims it is the “only full-stack tokenized asset platform with omnichain asset issuance.” It’s like they’re saying, “We’ve got the keys to the kingdom.” 🏰

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2025-07-15 12:21