Crypto
Ondo Finance launches Ondo Network, pitches offchain execution network instead of institutional layer1
Real-world asset tokenisation platform Ondo Finance has launched an offchain execution network called Ondo Network, moving away from plans for an institution-focused layer1 blockchain. Cointelegraph reported that the network processes transactions outside public blockchains and has been applied to the perpetual futures platform Ondo Perps. It runs trading software inside a protected enclave, while operators verify software integrity and share custody of digital keys used to approve transfers.
