DeFi Intel

ONDO price surges as DTCC-backed tokenized stocks fuel bullish momentum

Ondo Finance's ONDO token extended its rally on Wednesday, climbing nearly 16% as trading volume approached $290 million. The surge followed institutional developments, including DTCC-backed tokenised stocks, that strengthened confidence in the real-world asset (RWA) sector. Bulls are targeting $0.50 if ONDO reclaims the 200-day EMA.

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