Post by Augustine Chiagozie (@pabloexchange)

🫶 Ondo Finance Enables Tokenized Stocks as Collateral

Ondo Finance (ONDO) now accepts tokenized stocks as collateral on OndoPerps. SPYon and QQQon, tokenized ETFs for S&P 500 and Nasdaq-100, can be used directly as margin without stablecoin conversion. Collateral limit is $100,000 nominal per asset, with more tokens planned.

OndoPerps has over $3.8 billion in trading volume, offers up to 20x leverage, runs 24/7, is registered in Panama, and excludes US citizens.

🫶 Ondo Finance Enables Tokenized Stocks as Collateral Ondo Finance (ONDO) now accepts tokenized st...

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