Ondo Finance: Will launch an on-chain US stock trading platform on September 3

On August 23rd, Ondo Finance, a leading RWA (Real World Asset) project, announced on its official social media accounts that its highly anticipated on-chain US stock trading platform, Ondo Global Markets (OGM), will officially launch on the Ethereum mainnet on September 3rd.

This move marks a crucial step in the convergence of traditional finance (TradFi) and decentralized finance (DeFi), aiming to bring the liquidity and accessibility of US stocks to the blockchain world.

The launch of Ondo Global Markets will reportedly allow users to trade select US stock assets 24/7 through a compliant on-chain method, breaking the trading hours and geographical restrictions of traditional markets.

Ondo Finance stated in a tweet: "This is just the beginning; our goal is to enable users worldwide to seamlessly and efficiently access traditional financial assets." The announcement quickly sparked heated discussion and anticipation within the community, with the market generally believing this will be a key milestone in the scalable development of the RWA sector.