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NapoResearch
@naporesearch
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Financial Analyst, crypto researcher; sharing my thoughts on the markets; not financial advice
On Top of the Markets
Joined August 2016
Honestly $ONDO is one of the few projects with an ENORMOUS use-case. They built a platform where you can actually trade real-world-assets like US-Treasuries, stocks and ETFs on-chain. What does this mean? Imagine you want to swap some of your crypto holdings to buy a stock, you would need to send it to your bank and then to your broker. Costs time and fees. But now you just swap it directly for the token which is backed by the underlying asset. This can be a $TSLA share for example. Even crazier, you can now send your $TSLA on the blockchain to a wallet overseas, swap it for whatever or trade it. THIS IS A GAMECHANGER. This is exactly what Larry Fink talks about since a couple of years and where he sees blockchain and tokenisation heading. Being able to use your shareholder vote via the token is something that will follow. TradFi is full of friction, and Ondo Finance with its tokenisation of RWAs is eliminating that friction making the financial system more efficient.
$ONDO definitely one of the most obvious and convincing plays this cycle. Always crazy spot buying. You got the RWA and the Trump narratives in one coin. + look at that quick recovery, even stronger than BTC.
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@1Ninjacrypt good question, got to analyse when we are there. Market dynamics are changing so fast lately
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@swarmister @realDonaldTrump lets hope he strikes his deals and drops the tariffs, best case for everyone I guess
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@swift_jas I feel like memes flooded the number of coins the most... Imo RWA is most convincing this cycle onwards.
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