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The Polylog Crypto Intelligence Brief

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 Abandons Its Public Tokenization Blockchain for a Private High-Speed Trading Network

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…

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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.