Ondo Finance

Ondo Finance is an open and decentralized investment bank. Ondo's core business is to service and connect various stakeholders in the emerging DeFi ecosystem — including DAOs, institutional and retail. A few key features of Ondo: Leader in Facilitating DEX Liquidity: Ondo is a pioneer in the liquidity-as-a-service space with live partnerships with 10+ DAOs as well as commitments from four stablecoin issuers (FEI, FRAX, UST, and RAI) for $100m+ in new liquidity and related incentives. By matching DAOs (capital demand) with underwriters (capital supply) to provide liquidity for their native token, users can easily trade these tokens in decentralized exchanges. Rapid Organic Growth: Ondo has not established any liquidity mining campaigns or any other incentive program to stimulate liquidity on the protocol, making it one of the largest protocols by TVL on Ethereum without incentives. Bridging DeFi and Traditional Finance: Ondo makes DeFi accessible and more valuable to traditional by both aggregating conventional DeFi protocols and repackaging their exposures using traditional finance techniques into the risk / return profiles.

ICO on Coinlist. Details: Sale Date: May 12, 2022 at 17:00 UTCLock up/Release: 12-month lock-up from June 1, 2022 with a 6-month release period thereafter (plus a global lockup that can be released by DAO vote)Token Price: $0.055Purchase Limits: $100.00 min - $20,000.00 maxToken Allocation for Sale: 400,000,000 tokens% of Total Supply: 4%*Funding Methods: USDT, USDC, ETH, BTC, ALGO, SOLExcluded Participants: Excluded participants include residents of the US, Canada, China, Republic of Korea, and CoinList’s unsupported jurisdictionsOndo Finance has raised a $20M Series A to accelerate the adoption of DeFi among mainstream investors. This latest round of funding was led by Founders Fund, the venture capital firm founded by Peter Thiel, and Pantera Capital. The funding will allow Ondo to build out its team and support new product launches including its multi-chain expansion. Strategic investors joining the round also included Coinbase Ventures, GoldenTree, Wintermute, Steel Perlot (Michelle Ritter / Eric Schmidt), Tiger Global, and Flow Traders.