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Ondo Finance Unveils Ondo Network for Fast, Private Trading

Guavy AI Editorial Team
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Ondo Finance has launched its Ondo Network, an execution layer that combines centralized exchange-like speed with self-custody and blockchain-based settlement.

The network replaces the company's planned Layer 1 blockchain, Ondo Chain, which was designed for tokenized real-world assets.

Ian De Bode, CEO of Ondo Finance, described the product as an evolution of Ondo Chain, saying it 'will not be running the Ondo Network and the Ondo Chain in parallel.'

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