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Asia Session Bid Lifts ONDO Past $0.42 as Tokenised Treasury Pilot Reframes Yield Trade HONG KONG — Asian desks did the early lifting on Ondo Finance again on Monday, pushing the protocol's native token up roughly eight per cent before the European open and extending a weekly rally that has carried ONDO close to fifty per cent higher.
By the time New York walked in, the token was changing hands near $0.4267, a level that puts a clean break of the $0.50 handle within a single decent session.
The catalyst is the kind of plumbing story that tends to register first across the Pacific.
Morgan, Mastercard and Ripple last week pushed through what they describe as the first end-to-end tokenised settlement of a short-dated US Treasury bill — a piece of regulated debt moving on rails that, until recently, mainstream institutions treated as a curiosity.
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