Cboe Global Markets Archives - Coin Engineer https://coinengineer.net/blog/tag/cboe-global-markets/ Btc, Coins, Pre-Sale, DeFi, NFT Wed, 05 Feb 2025 14:27:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Cboe Global Markets Archives - Coin Engineer https://coinengineer.net/blog/tag/cboe-global-markets/ 32 32 Ondo Finance Brings Stocks and Bonds Onchain! https://coinengineer.net/blog/ondo-finance-brings-stocks-and-bonds-onchain/ https://coinengineer.net/blog/ondo-finance-brings-stocks-and-bonds-onchain/#respond Wed, 05 Feb 2025 14:30:21 +0000 https://coinengineer.net/blog/?p=36114 Ondo Finance has announced its new platform, which will offer stocks, bonds, and exchange-traded funds (ETFs) onchain. The company stated that this move will make securities markets more accessible, similar to how stablecoins impacted the accessibility of the US dollar. The new platform, called Ondo Global Markets (Ondo GM), aims to transform financial markets into

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]]> Ondo Finance has announced its new platform, which will offer stocks, bonds, and exchange-traded funds (ETFs) onchain. The company stated that this move will make securities markets more accessible, similar to how stablecoins impacted the accessibility of the US dollar.

The new platform, called Ondo Global Markets (Ondo GM), aims to transform financial markets into a blockchain-based structure, ensuring greater transparency and efficiency.

“The current investing experience is full of challenges. High fees, limited access, transfer frictions, and hidden risks create major obstacles for both investors and companies.” – Ondo Finance

ondo finance

Reshaping Securities Markets with Blockchain

Ondo Finance emphasizes that blockchain technology is the key to overcoming traditional financial market barriers. According to the company, stocks, bonds, and ETFs will be tokenized through blockchain, making them more transparent and accessible.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

The new platform will cover over 1,000 securities listed on the New York Stock Exchange (NYSE) and Nasdaq. As part of this initiative, shares of companies such as Apple, Tesla, and Uber will be tokenized.

“Each token will be backed 1:1 by the security it tracks.” – Ondo Finance

Additionally, global access will be available 24/7 through the platform.

Traditional Exchanges Adapt to Competition

With the rise of onchain trading, traditional exchanges are developing new strategies to stay competitive.

For example, Cboe Global Markets announced on February 3 that it will introduce 24-hour weekday trading. This move aims to increase global investors’ access to U.S. equities.

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]]> https://coinengineer.net/blog/ondo-finance-brings-stocks-and-bonds-onchain/feed/ 0 Solana’s Struggle at $150: Network Growth vs. Market Sentiment https://coinengineer.net/blog/solanas-struggle-at-150-network-growth-vs-market/ https://coinengineer.net/blog/solanas-struggle-at-150-network-growth-vs-market/#respond Sat, 24 Aug 2024 13:00:30 +0000 https://coinengineer.net/blog/?p=27562 Though it demonstrates strength in several network measures, including total deposits in its distributed apps (DApps), Solana’s native token, SOL, has not been able to breach the $150 resistance level since Aug. 12. These network enhancements now raise the question of whether they would be adequate to lower SOL’s cost to $190. The decision of

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]]> Though it demonstrates strength in several network measures, including total deposits in its distributed apps (DApps), Solana’s native token, SOL, has not been able to breach the $150 resistance level since Aug. 12. These network enhancements now raise the question of whether they would be adequate to lower SOL’s cost to $190.

The decision of Cboe Global Markets to withdraw 19b-4 forms for Solana spot exchange-traded funds (ETFs) from its website on Aug. 16 is one of the key reasons for the lack of excitement. Certain market players think the United States Securities and Exchange Commission (SEC) officially rejected the Solana ETF, therefore lowering investor anticipation.

Particularly with Ethereum’s value declining and other blockchains growing in popularity, crypto broker CoinMamba has voiced worries over Solana’s declining desirability. According to him, Solana should weave a fresh story to motivate SOL demand.

While Solana’s ecosystem is still under development, initiatives like PayPal USD (PYUSD) exceeding $620 million in issuing and new businesses like Colosseum and DAWN drawing large investments contribute to shaping it. The rising general value locked (TVL) on the network demonstrates this trend, as well as implying that SOL’s price still has room to rise.

Despite these encouraging signs, the increase in TVL does not always correlate to a higher user count or interaction. Of Solana’s top DApps, half have seen a dropping user count over the last 30 days, suggesting that TVL expansion by itself would not be sufficient to maintain a quick SOL price increase to $190 or more.

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