Crypto asset Kral has experienced a remarkable surge in the past 24 hours, reaching a value of $73,620, which is close to its all-time high. With just a slight increase of $113, it would have broken a new record. At present, it remains above $72,000, generating increasing excitement as altcoins make significant announcements. The latest development comes from the ONDO Coin team.
ONDO Coin has caught the attention of Wellington Management, one of the world’s largest independent asset managers with assets totaling over $1 trillion. They have joined forces with ONDO Finance for their corporate liquidity initiative, which involves tokenized bonds. This collaboration is part of a broader effort led by Libeara and supported by SC Ventures, a venture capital arm of Standard Chartered.
Through this partnership, the trillion-dollar asset manager will utilize the cutting-edge technology provided by ONDO Finance, enabling them to leverage collateral and facilitate seamless cross-border settlements. Nathan Allman, the CEO of Ondo Finance, expressed great enthusiasm about this collaboration.
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Disclaimer: This article is for informational purposes only and should not be considered as investment advice. It is crucial for investors to be aware of the high volatility and associated risks of cryptocurrencies and conduct their own thorough research.
