Morning Edition · Wednesday, July 29, 2026Published at 1:31 AM EDT · New York
Ondo Abandons Its Public Tokenization Blockchain for a Private High-Speed Trading Network
The reversal powers the firm's new perpetual-futures platform and signals that some tokenization ventures prefer controlled venues to open, composable chains.

Ondo Finance, one of the more prominent builders of tokenized real-world assets, has dropped its plans for a public tokenized-asset blockchain in favor of a private, high-speed trading network. The new network powers Ondo's recently launche…
Continue the Crypto Intelligence Brief
Track on-chain flows, protocol shifts, stablecoins, and regulation.
- 5 crypto intelligence signals a day
- Tracked crypto trends, day over day
- Stablecoin and regulatory movement
- Source-grounded analysis with confidence labels
The Global Intelligence Brief stays free.
Part of a tracked trend
Tokenized Equities Push Onto Public Blockchains
Over 3-6 months, exchanges and banks accelerate moving real equities on-chain — tokenized stocks with on-chain dividends and composable trading — turning the contest over open vs. closed tokenization venues into a concrete product race.
More from this edition
- Senate Shelves CLARITY Act Before Recess as SEC Says It Will Write Crypto Rules Itself
- On-Chain Theft Reached 1.1 Billion Dollars in First Half as Reward-Vault Exploits Continue
- Ethereum Privacy Projects Reframe Confidentiality as the Condition for Banks to Go On-Chain
- Anthropic Says Claude Found a Real Weakness in a Post-Quantum Signature Under US Review
- A Single Anomalous Trade Crashed a Tokenized SK Hynix Perp 20% and Liquidated 57 Million Dollars
- Ethereum Researchers Turn to Mechanism Design to Kill Oracle-Extractable Value at the Source
- Russia's Central Bank Publishes Draft Crypto-Trading Rules Ahead of a Fall Framework
- ARK Researcher Expects More Crypto Bankruptcies and Shutdowns as Revenue Concentrates
- Federal Judge Blocks Minnesota's Prediction-Market Felony Law Days Before It Took Effect
- Bitcoin Treasury Firms Keep Buying as a New Metric Reframes the Case for Preferred-Stock Buybacks
- Fake Wallet Apps and Seed-Phrase Malware Widen Crypto's Endpoint Attack Surface