Ondo Finance Plans to Acquire a Target Worth $500 Million to Drive the Development of the RWA Market
2026-08-01 05:56:46
According to CoinMeta, Ondo Finance is considering an acquisition deal worth $500 million, as its real asset market ( RWA ) has reached $36 billion. Ondo Finance successfully cleared all regulatory hurdles in the first half of 2026, closed the SEC investigation, and obtained FINRA authorization. It is now seeking acquisition targets and is expected to transform into a company that is closer to a financial conglomerate. The token of Ondo rose by about 6% after the news was released, with a market value of approximately $1.5 billion.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
Follow HQYC official accounts to stay updated
Hot Articles
Refresh

Web3: Circle obtains New York trust license, expanding USDC custody business.
13h ago

Tesla reportedly plans to divest its China business to pave the way for integration with SpaceX.
13h ago

web3: Foreign media: RWA perpetual contracts may expand faster than tokenization
14h ago

Web3: Foreign media: Analysts say the real catalyst for XRP is not the Clarity Act.
14h ago

Foreign media: Trump's children's accounts are unlikely to replace comprehensive family financial planning
15h ago

