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WisdomTree joins Ondo Finance's global market alliance

Source: CoinWorld
According to Coinjie.com, Ondo Finance welcomes global asset management company WisdomTree to become the latest member of its global market alliance. Ondo Finance (ONDO) today announced that WisdomTree, a global asset management company that manages $131 billion in assets, has officially joined the Ondo Global Markets Alliance. This progress builds on WisdomTree’s early consulting collaboration with Ondo Finance during the development of Ondo Chain (the Layer 1 blockchain launched earlier this year). As a full member of the alliance, WisdomTree may now play a more active role in advancing the alliance’s mission to enhance interoperability, liquidity and compliance of tokenized real-world assets on Ondo’s global marketplace platform. Global Market Alliance welcomes @WisdomTreeFunds. WisdomTree is a global asset management company with $131.00 billion in AUM, leading digital innovation in the financial sector through tokenized assets and blockchain-based investment solutions. They are now joining a growing alliance of exchanges, wallets, and more… pic.twitter.com/XLbIhd6OVC launched in June by Ondo Finance, the Global Markets Alliance is a collaborative ecosystem where its members work together to promote operations on the Ondo global market platform. As of August 1, the league consists of 25 members, with the most recent additions including BNB Chain, Bitget Global, Zodia Custody, LayerZero, Euler and MEXC. Each member of the alliance plays a unique role in the ecosystem. Exchanges provide liquidity and trading infrastructure for tokenized assets, while custodians ensure secure storage and custody of on-chain and off-chain assets. Blockchain and infrastructure providers like BNB Chain and LayerZero contribute technical support, interoperability solutions and network scalability. Asset management companies (now including WisdomTree) provide expertise on compliance, investment strategies and tokenization standards to help connect traditional finance with on-chain markets.
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