Ondo has been selected in DTCC's Industry Working Group to advance tokenization in the U.S.
@The_DTCC custodies over $114 trillion in assets and clears $3.7 quadrillion annually. It is now building a tokenization service designed to bring the core of U.S. capital markets onchain, with Ondo among the select firms contributing to its design.
Ondo will work alongside a set group of TradFi and DeFi firms, including BlackRock, Goldman Sachs, J.P. Morgan, Franklin Templeton, Morgan Stanley, Bank of America, Citadel Securities, NYSE Group, Circle, Fireblocks, Robinhood and more.
DTCC President and CEO Frank La Salla on the significance of the moment:
“We believe tokenization will significantly change how markets work and operate, bringing new levels of liquidity, transparency and efficiency to investors.”
The DTCC has been at the center of U.S. capital markets for over 50 years. Its decision to build a tokenization service, and to bring Ondo to the table alongside the world's leading financial institutions, reflects how far tokenization has come.
As the largest tokenizer of stocks and ETFs and one of the largest tokenizers of U.S. Treasuries, Ondo is well positioned to contribute to the work ahead and keep the U.S. at the forefront of global markets.
We’re excited to announce that Ondo has partnered with Franklin Templeton (@FTDA_US), one of the world’s largest asset managers with $1.7T AUM.
Together, we’re bringing exposure to Franklin Templeton-managed investment products onchain through Ondo Global Markets.
THE ONDO SUMMIT IS LIVE.
Watch the biggest event in tokenization with BlackRock, DTCC, The White House, & more.
Tune in now 👇 https://t.co/qnj2fmlM5r
BREAKING 🚨 @SuiNetwork appears to be back online and cruising again after a short downtime (~6 hours)
I've done some testing:
- Used @DeepBookonSui successfully
- Sent an NFT to a friend
- Swapped $SUI to USDC in @SlushWallet
- Bought some $LOFI 🥶
We're back baby 🚀 Thank you @Mysten_Labs and Sui team for a speedy fix
A lot of people have been asking for an update on this chart, so I’ll just leave this here for anyone who needs to see it.
This shows the average BTC trajectory following an oversold RSI reading, with RSI falling below 30 at t=0.
So far, it’s been pretty bang on.
Unless you believe the 4-year cycle is still in play, which we don’t, this chart should hold up contextually over time.
No, it won’t be perfect, but assuming the bull market isn’t already over, it’s a useful chart to keep in mind.
As we’ve outlined many times, based on our work on the business cycle, the current path of financial conditions, and our expectations for overall liquidity, the balance of probabilities is that this cycle extends well into 2026.
In that world, the 4-year cycle is dead.
Remember, the 4-year cycle was never about the halving, despite widespread belief that it is, but instead has always been driven by the public debt refinancing cycle, as outlined in our work at GMI, which post-COVID was pushed out by one year.
In our view, the 4-year cycle is now officially broken because the weighted average maturity of the debt term structure has increased.
And the bigger picture is that there is still a vast amount of interest expense that needs to be monetized, which has far exceeded GDP growth.
Another thing to keep in mind is that bases can take time to form and usually come with plenty of chop before the bigger up-move kicks in.
Finally, let me repeat what I said when I first posted this chart last month.
If you think the bull market is over and we are now facing twelve months of pain, this chart is not for you. Move along...
I wanted to put the current sell off in perspective...
BTC corrected in 2024 -32%, 2025 -32% and right now is around -28%. This is normal. You've lived it before.
SOL corrected -47%, -67% and currently -48%.
Sui corrected -69% in 2023, -79% in 2024, -68% in 2025 and -64% currently.
Technicals are flamboyantly over sold. Sentiment is in the shitter too... worst I've seen it this cycle.