The Cosmos ecosystem is changing into a hub for Actual-World Property (RWAs) with the current announcement of Ondo Finance’s new Layer 1 blockchain purpose-built for institutional-grade RWAs, Ondo Chain.
Ondo Chain was revealed on the Ondo Summit in New York, which featured a shock closing speaker, Donald Trump Jr. “The way forward for RWAs within the US is vivid, and new management has the potential to make the US the worldwide middle for crypto,” posted the Ondo Finance account.
In accordance with Ondo Finance’s weblog, Ondo Chain is an omnichain community designed to assist RWAs, with options like verified collateral and native margin capabilities.
Ondo Finance has already expanded its presence within the Cosmos ecosystem by means of its integration with digital asset issuer Noble, bringing tokenized treasuries to the platform and growing the uptake of Ondo’s US-backed merchandise throughout over 90 blockchains.
Noble’s partnership with Ondo Finance has additionally led to the launch of USDY, a local yield-bearing stablecoin for Cosmos ecosystem blockchains. This growth highlights the rising significance of the Cosmos ecosystem within the burgeoning RWA phase with a market cap at over $35 billion right this moment.
“Cosmos has the largest rising RWA ecosystem with [Noble], [Ondo Finance], [Mantra] and [REDACTED] coming quickly. This needs to be no shock that the world is approaching chain in Cosmos—actual belongings and actual corporations demand actual scale and actual management,” commented Barry Plunkett, co-CEO of Interchain Labs (previously Skip Protocol).
Cosmos-based Mantra has additionally acknowledged the potential of RWAs within the area. Regardless of the broader downturn within the crypto markets following President Donald Trump’s tariff orders which brought on $2 billion in liquidations, Mantra’s OM token stays up by over 68% within the final 14 days, reflecting rising institutional demand.
Mantra co-founder and CEO JP Mullin posted:
“The offers are getting larger. The establishments are getting extra credible than ever. The cash concerned is getting actual. And we’re hungrier than ever.”
The launch of Ondo Chain and USDY demonstrates the growing adoption of RWAs within the Cosmos ecosystem and the continued innovation and progress in RWA-based monetary services and products.
