The cryptocurrency ono takes off for the “Trump effect”

Ondo (Ondo), the governance token of the Ondo Finance organization, is one of the digital assets “Made in USA”That takes off after Donald Trump’s presidential assumption.

Ondo Finance is a decentralized autonomous organization Specialized in real world asset tokenization (RWA).

Thanks to its good weekly performance, Ondo is one of the digital assets of the market that records a higher price increase.

In the last 7 days, it went from 1.33 to $ 1.62, which represents a rise of 21%.

Ondo price in the last 7 days. Source: Coinmarketcap.

The reason that promoted this climb is that Ondo Finance He announced that he will add to the XRP Ledger Network its United States Treasury bonds, valued at more than 185 million dollars.

Likewise, it should be noted that the asset category “Made in USA“(” Acts in the United States “, in Spanish) It is made up of companies in the sector based in that country that could benefit from Trump’s arrival to power.

As cryptootics has reported, the Republican leader promised throughout his presidential campaign that in his second mandate will boost clear measures to promote the growth of the industry in US territory.

Precisely, Larry Fink, Blackrock CEO, said In an interview with CNBC that expects the new administration of the Bag and Securities Commission (SEC) “quickly approve the tokenization of bonds and actions”which would inject more liquidity into that niche in the market. In his opinion, this could result in greater global democratization of financial assets.

In the case of Ondo, in addition, it should be noted that it is considered by Panther Capital, an investment company, as one of the assets that can have a great performance in 2025 for the rise for the RWA.

In its latest report, the firm highlights that there is more and more interest in investors and companies that wish to use cryptocurrencies that represent assets such as bonds, actions or real estate.

The concrete thing is that this trend is already underway. To mention a case, World Liberty Financial, the Defi project linked to Trump, already acquired $ 250,000 in Ondo, according to data from Lookonchain.

For Erika Espinal, investor and communicator, the explosion of the RWA forces companies to enter the world of cryptocurrencies And he adds: “That will attract a lot of institutional money.”

The specialist argues that “not only will it be for this cycle, we will also see it in the next market cycle” and details: “We saw how, in 2022, Franklin Templeton began in this tokenization industry. Then we also see Blackrock. That is, the greatest are beginning to involve right now. ”

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