Ondo Finance pivots from independent blockchain to high-performance execution layer – Link

Ondo Finance launched Ondo Network, a high-performance execution layer combining CEX-level transaction speed with blockchain settlement. The company said it dropped the plan for a full blockchain because the bottleneck is execution efficiency, not asset settlement.

• Ondo Perps is the first app live on the network
• Supports 24/7 trading of stocks and commodity perpetuals
• Tokenized real assets can be used as collateral

Matters because: it targets a core market bottleneck and could strengthen demand for on-chain capital markets infrastructure.
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