.@edeldotfinance partnering with ondo to allow you to borrow/lend against your tokenized equity. A layer being built ontop of ondo. You will probably see a shift and a narrative being pushed around tokenized equities, bringing tradfi onchain. With things like ondo, canton and others working on this vertical. gEdel
ondo captures 67% of all tokenized us equities onchain. $313m tvl in 2 months. drives 10% of ethereum gas during peak trading. smart money holds $298m in ondo tokens, more than uni. token trades at $0.67. that's not a defi protocol valuation for infrastructure controlling the bridge between $100 trillion traditional markets and blockchain
(I'm an investor in edel)
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