The rise of Real-World Assets in crypto has fueled investor interest in ONDO Finance (ONDO), a project gaining traction in the tokenization sector.
Analyst Matty from Altcoin Buzz explored the investment potential of ONDO, outlining how many tokens are needed to reach millionaire status. With robust institutional support from BlackRock and World Liberty Financial, ONDO has established itself at the leading edge of the RWA sector. The price movement of the token, its supply indicators, and planned advancements are crucial in assessing its prospective value.
RWAs have gained prominence in the crypto space, as BlackRock CEO Larry Fink supports asset tokenization as a market catalyst. The RWA industry is projected to reach $50 billion in 2024 and may escalate to $30 trillion by 2030.
ONDO Finance has garnered attention for its emphasis on tokenized assets, recently organizing a prominent summit in New York City. The occasion included an unexpected visit from Donald Trump Jr. and highlighted ONDO’s increasing impact.
Analyst Matty highlighted ONDO’s recent collaboration with World Liberty Financial, which invested $5 million into the project. The platform’s Global Markets initiative further strengthens its position, allowing access to tokenized stocks, bonds, and ETFs—though it remains unavailable to U.S. investors.
What you'll learn 👉
ONDO’s Stablecoin Offerings and Blockchain Innovation
ONDO Finance has developed two stablecoins catering to different market segments. USDY, a yield-bearing stablecoin backed by short-term U.S. treasuries, offers daily compounding interest but is restricted from U.S. investors.
OUSG, designed for institutions and qualified purchasers, recently launched on the XRP Ledger and integrates with BlackRock’s BUIDL Fund. Additionally. investors can access OUSG with a minimum of $100,000 or through BUIDL with a $5 million requirement.
To address the regulatory challenges of existing blockchain infrastructure, ONDO Finance is building its own Layer-1 network. The hybrid model blends public and permissioned elements, aiming to enhance compliance and efficiency for tokenized assets.
ONDO’s price stability has drawn attention, especially following a token unlock. Besides, the project follows a vesting schedule with one unlock per year on January 18 for the next three years. This year’s release of 1.94 billion ONDO tokens, valued at $2.72 billion, did not lead to a price drop, signaling strong investor confidence.
ONDO’s all-time high of $2.14 was reached two months ago, while its current price hovers around $1.35. Matty notes a firm support level at $0.60, which has held since March 2023. With a total supply of 10 billion ONDO tokens, 3.1 billion (31%) are currently in circulation.
How Many ONDO Tokens Are Needed for $1 Million?
At ONDO’s price of $1.35, as of the recording, an investor would need 740,740 tokens to reach $1 million. If ONDO climbs to $4.00, the required amount drops to 250,000 tokens, costing $337,500.
A rise to $10.00 reduces the number to 100,000 tokens ($135,000), while a $20.00 valuation lowers it further to 50,000 tokens ($67,500). Moreover, analysts project a potential $67.50 price by 2030, where only 14,815 tokens would be needed, amounting to an investment of $20,000.
ONDO Finance is carving out a strong position in the crypto market with its focus on RWAs, stablecoin offerings, and Layer-1 blockchain development. Institutional backing from BlackRock and World Liberty Financial reinforces its long-term potential.
Read also: Why Is Mantra (OM) Price Pumping?
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
