ONDO ecosystem blossoms in multiple places: BounceBit launches on USDY, whales invest heavily, 21Shares promotes ONDO ETP

On December 10th, Ondo Finance announced that its market-leading income token USDY has been launched on the BounceBit platform, becoming the first RWA (real-world asset) supported by US Treasury bonds in the ecosystem. The new CeDeFi V2 version of BounceBit provides a seamless vault interface and has launched a dedicated USDY vault to bring optimized returns to users.

 

On the same day, according to Spot On Chain monitoring data, a whale created a new wallet during market fluctuations and purchased 10,978,000 ONDO tokens for 4,611 ETH (approximately $17.1 million) within 11 hours, with an average price of $1.553. This large purchase behavior shows strong market optimism towards ONDO tokens.

 

In addition, on November 28th, Switzerland's wealth management company 21Shares announced the launch of four ETPs in Europe, including ONDO. The other three are PYTH (oracle), RNDR (decentralized computing), and NEAR (ETP that supports pledge reward reinvestment). These ETPs will be traded on exchanges in cities such as Amsterdam and Paris, further enhancing ONDO's influence in traditional Financial Marekt.