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PancakeSwap has joined Ondo Finance’s World Markets Alliance, becoming a member of over 30 business leaders working to standardize and produce tokenized shares and ETFs on-chain.
Abstract
- Ondo Finance’s World Markets Alliance brings collectively exchanges, wallets, custodians, and blockchain networks to create standardized, compliant frameworks for tokenized RWAs.
- As the most important DEX on BNB Chain, PancakeSwap will doubtless facilitate secondary market liquidity by way of buying and selling pairs and liquidity swimming pools, and function a gateway for consumer entry to tokenized belongings as soon as reside on-chain.
Ondo Finance (ONDO) has introduced that PancakeSwap, one of many largest DEXs within the DeFi ecosystem, has joined its World Markets Alliance, a coalition of over 30 main business organizations centered on bringing real-world monetary belongings equivalent to shares and ETFs on-chain in a standardized and compliant method.
The World Markets Alliance, launched by Ondo Finance earlier this 12 months, brings collectively exchanges, wallets, custodians, and blockchain networks to align on shared requirements for tokenized securities — masking technical interoperability, custody frameworks, and regulatory greatest practices.
Members embrace main entities, together with Coingecko, CoinMarketCap, Chainlink, Bitget, 1Inch, Morpho, and Zodia Custody, amongst others, that collectively purpose to bridge conventional finance and decentralized markets.
PancakeSwap’s function inside the Alliance
No particular particulars have been disclosed but relating to PancakeSwap’s actual function inside the alliance. Nonetheless, one other DEX within the alliance, 1inch, is contributing by integrating its swap aggregation and routing infrastructure to facilitate environment friendly buying and selling and pricing of tokenized RWAs. On the similar time, centralized platforms like Bitget and MEXC have begun itemizing tokenized U.S. equities straight for his or her customers.
Given PancakeSwap’s place as the most important DEX on BNB Chain, its involvement will doubtless heart on facilitating secondary market liquidity for tokenized belongings inside DeFi. This might embrace enabling buying and selling pairs and liquidity swimming pools for tokenized shares and ETFs, and doubtlessly serving as a gateway for customers to entry or present liquidity to tokenized RWAs as soon as they’re reside on-chain.
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