Ondo drops tokenized asset blockchain plans for private, high-speed trading network

CryptoInfo Editorial Team · Published on July 28, 2026 at 19:44 · Updated on July 28, 2026 · 1 min read

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Key Takeaways

→Ondo has dropped its plans for a tokenized asset blockchain
→The company is launching a private, high-speed trading network
→The new network will power Ondo's perpetual futures platform and support onchain financial assets

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Ondo has announced a shift in its plans, dropping its previously announced tokenized asset blockchain in favor of a private, high-speed trading network.

This new network will power Ondo's recently-launched perpetual futures platform, according to reporting from CoinDesk. The network is also expected to eventually support trading across various onchain financial assets.

Ondo's decision to move away from its initial blockchain plans and towards a private, high-speed trading network is a significant change in the company's direction.

Source: CoinDesk ↗

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