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Latest cryptocurrency news > ALTCOIN > Ondo Finance Expands to Asia Pacific, Capturing Digital Asset Interest
ALTCOIN

Ondo Finance Expands to Asia Pacific, Capturing Digital Asset Interest

BH NEWS
Last updated: 22 January 2024 09:00
BH NEWS 2 years ago
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Ondo Finance, a leader in onchain finance known for tokenized securities, has made a significant milestone by expanding into the Asia Pacific region. The company aims to capitalize on the growing interest in digital assets in the area, aligning with factors such as the evolving crypto community, regulatory landscapes, and increasing demand for access to U.S. assets.

Holding approximately 40% of the global market share in tokenized securities, Ondo Finance is positioning itself as a key player in the Asia Pacific market. The opening of its APAC office is a response to the region’s wealth, diverse investor base, and appetite for innovative financial products.

Ondo’s expansion comes at a critical time when digital assets are gaining global attention. The company aims to play a significant role in facilitating investors’ access to tokenized U.S.-based asset classes.

To lead this expansion, Ondo has appointed Ashwin Khosa as Vice President of Business Development for the region. With a decade of corporate development experience in significant institutions such as Citi, Tether, and Bitfinex, Khosa brings expertise in onchain financing and a deep understanding of the Asia Pacific market.

Ondo’s founder and CEO, Nathan Allman, expressed excitement about the company’s expansion into the Asia Pacific, noting the active and rapidly growing crypto community in the region. The company’s commitment to offering high-quality risk through its token offerings aligns with the evolving needs of investors in the area.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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