According to CoinMeta, ondo and finance are considering a merger or acquisition worth between $250 million and $500 million, with potential targets including the wealth technology sector, but they have not yet hired formal advisors. ondo stated that the company will continue to assess market opportunities in its daily operations and has not entered into negotiations with any parties at this time. ondo was established in 2021 and mainly provides tokenized U.S. Treasury bonds and stocks among other blockchain financial products; currently, the total asset value of its products exceeds $2.5 billion.