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ONDO (Ondo) rose 8.50% in the last 24 hours.
Gate News Bot news, September 3, according to CoinMarketCap data, as of the time of writing, ONDO (Ondo) is currently priced at $0.95, having risen 8.50% in the last 24 hours, with a high of $0.97 and a low of $0.86. The current market capitalization is approximately $3.016 billion, an increase of $236 million from yesterday.
The Ondo Foundation was established in 2022 as an independently managed non-profit foundation company in the Cayman Islands, with no beneficial owners. The foundation assisted in the launch of Ondo DAO, which has deployed and currently manages Flux Finance, the first lending protocol to support tokenized securities as collateral. The mission of the Ondo Foundation is to democratize institutional-level finance, with a focus on supporting decentralized projects like Flux.
ONDO6.35%