Ondo Finance signs MOU with Openmarkets to enter Australian market
- —The MOU with Openmarkets Group is Ondo's first step into the Australian market
- —They will examine tokenization of securities from Australian exchanges and Ondo Stocks
- —The products will require due diligence and regulatory approvals
- —The agreement does not yet guarantee concrete outcomes
Why it matters: Expanding tokenized assets in the Asia-Pacific region intensifies competition for institutional demand for RWAs.
Source: Crypto Economy