The World Liberty Financial (WLFI), supported by Donald Trump, purchased 342,000 ondo Token, simultaneously with the announcement of Ondo Finance’s new Blockchain network ondo Chain. This move indicates that corporate investors’ interest in the tokecination area has increased. It triggers new investments in the Altcoin market…
WLFI Expandes Altcoin Investments
Supported by Trump and his family, the WLFI recently exchanged 470,000 USDC with 342,000 ondo Token through Cow Protocol. The company, which bought $ 245,000 ond two months ago, increases its interest in this asset.
The purchased ondo tokens were transferred to Coinbase Prime, which indicates that the company has taken position for long-term storage or trading. WLFI also invests in Tron (TRX), WRAPPED Bitcoin (WBTC) and Ethereum (ETH) and expands its presence in the Blockchain -based financial sector.
Ondo Finance announced ondo chain to develop tokenized assets
The WLFI’s Ondo investment coincided with the new Blockchain network ondo, Ondo Chain announced by Onddo Finance on February 6th. This Blockchain aims to carry traditional financial assets to the defi ecosystem.
Ondo Chain aims to create a significant transformation in financial markets by moving traditional assets such as US stocks, bonds and ETFs on Blockchain. Nathan Allman, CEO of the company, said about the launch:
Financial markets now deserve a innovation… We are building a ecosystem that brings together traditional finance and blockchain technology.
Ondo Chain aims to provide solutions to difficulties such as high trading fees, liquidity problems and regulatory compatibility in the tokenized securities.
This new blockchain offers a hybrid structure by combining the accessibility of open block chains and the regulatory compatibility of special block chains. In this way, large financial institutions such as Franklin Templeton and Wellington Management contribute to the development of Ondo.
Ondo Price Analysis: Which levels are in February 2025?
Ondo/USDT daily graph shows that it has entered a consolidation phase after the rise in December 2024.
- The RSI shows that investors are unstable by being in a neutral position at 50 levels.
- OBV shows that the tendency to rise can continue by pointing to a strong accumulation trend.
IMPORTANT LEVELS:
- The $ 1.50 level, a strong resistance point. If the price exceeds this level, $ 1.70, a December 2024 summit, can be re -tested.
- The $ 1.20 level is an important support point. If the price falls below this level, it may fall to $ 1.00.
According to analysts, with the increase in the interest of corporate investor, significant movements can be seen in the next period.
