Market News
The investment is part of the stablecoin giant’s expansion into industries outside of crypto.
Solana (SOL), up 2.6% from Wednesday, was also a top performer.
The bank said it is using blockchain technology to connect investors with private company equity through digital depositary receipts.
John Hoffman will spearhead Ondo's expansion from tokenizing individual assets to full investment portfolios and strategies.
While some analysts argue investors are selling bitcoin to free up capital for anticipated IPOs such as SpaceX and Anthropic, Sygnum's Fabian Dori says market data points elsewhere.
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