The Ondo Foundation was founded in 2022 as an independently governed and nonprofit Cayman Islands Foundation Company with no beneficial owners. The Ondo Foundation assisted in the launch of the Ondo DAO, which deployed and currently governs Flux Finance, the first lending protocol supporting tokenized securities as collateral. ONDO token holders are entrusted with shaping the future of the Ondo DAO so that it continues to pursue its mission to democratize access to institutional-grade finance. The Ondo DAO gives ONDO holders specific rights pertaining to Flux Finance, which is currently governed by the Ondo DAO.
An on-chain trader identified as 0xf01d has opened a 5x leveraged long position on 4.58 million ONDO tokens, equivalent…
The Ondo Foundation was founded in 2022 as an independently governed and nonprofit Cayman Islands Foundation Company with no beneficial owners.
Ondo (ONDO) is categorised as: Binance Alpha Spotlight, Pantera Capital Portfolio, Coinbase Ventures Portfolio.
The official Ondo site is https://ondo.foundation/.
Most recent Ondo coverage: "Whale 0xf01d opens 5x leveraged long on $ONDO worth $2.1M." — read at /en-US/a/whale-0xf01d-opens-5x-leveraged-long-on-ondo-worth-21m.
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