Ondo (ONDO) Surges 10% on DTCC Fund/SERV Integration and RWA Adoption

Ondo (ONDO) has seen a surge of around 10% over the past day, driven by a combination of clear catalysts. The token's integration with DTCC Fund/SERV and Oasis Pro Markets is seen as a major TradFi connection for tokenized assets. This development comes after Ondo acquired Oasis Pro, an SEC-registered broker dealer, ATS, and transfer agent, which gives it the regulatory stack needed to operate tokenized securities markets in the US.

The DTCC Fund/SERV membership news is a direct price catalyst for ONDO, upgrading its story from 'future potential' to 'live integration with Wall Street rails'. This has attracted both narrative traders and longer-term RWA-focused capital. The macro backdrop also supports ONDO's move, with risk assets, especially altcoins, being bid.

Bitcoin and major altcoins have been rallying after the first US Federal Reserve rate hike since 2023, with BTC trading above $76,000 despite the hike. ONDO is among notable gainers alongside DOGE, LINK, UNI, DOT, and others. The token's 24-hour trading volume has surpassed roughly $233 million, and it's trending on at least one major tracking site.