Ondo Unveils Execution Layer for Tokenized Markets
Ondo Finance has introduced its Ondo Network, an execution layer for tokenized financial markets. This new system separates trade execution from blockchain settlement and offers private execution with decentralized verification.
The network uses trusted execution environments (TEEs) to run approved application code inside hardware-isolated systems. A group of independent attestors verifies the code, distributes key fragments, and connects applications with public blockchains.
Ondo Perps is the first application on the Ondo Network, offering perpetual futures and tokenized real-world assets as collateral. The infrastructure is designed to support spot markets, lending, structured products, settlement rails, and other financial applications.