we spend a lot of time posting condos, but there’s actually a serious reason we built this around
$ONDO
so here’s the non-meme part of the condo thesis 🏢
@Ondo is basically trying to make traditional financial assets internet-native.
stocks, ETFs, treasuries, portfolios; assets that used to live almost entirely behind brokerage accounts are slowly becoming things you can actually hold and move onchain.
Ondo Stocks already gives access to hundreds of tokenized stocks and ETFs across multiple chains, including Solana. and these aren’t just random synthetic tickers floating around crypto, the products are built around exposure to actual underlying securities held through traditional financial infrastructure.
the liquidity model might be the most interesting part.
instead of trying to bootstrap completely isolated crypto liquidity for hundreds of different stocks,
@Ondo connects issuance and redemption back to traditional market liquidity.
basically, onchain markets inheriting liquidity from wall street instead of trying to recreate wall street from scratch.
and the scale is starting to get very real.
Ondo Stocks has already crossed $1B in TVL, with billions in cumulative volume moving through the platform.
now they’re going beyond putting individual assets onchain too.
Ondo recently introduced Intelligent Portfolios. one token representing an entire professionally designed portfolio, with the first strategies developed by
@BlackRock for
@Ondo.
then there’s Ondo Network.
the idea is essentially CEX-level speed and privacy, while keeping verifiable execution and user-controlled assets.
and
@OndoPerps is where that part of the stack starts getting especially interesting.
cc
@PWirtjes; pretty sure this floor of the condo has your name on it 🫡
Ondo is also expanding the scope geographically, exploring ways to bring even more traditional markets onchain.
that’s the part people miss when they reduce the whole thing to “tokenized stocks.”
the bigger bet is financial infrastructure.
which brings us back to the condo.
we could’ve built a meme that rewards holders with another meme.
we chose
$ONDO.
the meme is the front door.
$ONDO is what gets delivered upstairs.
🏢