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The investment in Ondo Global Markets is available only for some investors and demands KYC.
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The price of Ondo shows potential for growth, although it remains calm before these novelties.
THE ONDO FINANCE COMPANY launched its Ondo Global Markets platform. It is a marketplace of tokenized stock stock actions available for investors outside the United States.
For now, The platform offers access to about a hundred shares and ETF on the Ethereum Network and plans to expand to more than 1,000 assets for the end of the year. Solana and BNB Chain would be the next networks with which compatibility would be added.
Cryptonotics accessed the platform to know firsthand the experience of operating these tokenized actions. But, this is not possible yet. Only access to a waiting list is offered, which requires completing a form and passing your customer checks (KYC).
Right there it clarifies: «The tokens of Global Markets have not been registered under the Law of Values of the United States of 1933, in its modified version, or under the laws of values or other laws of any other jurisdiction, and cannot be offered or sold in the US or US citizens, unless they are registered under the law or exempt of it. Tokens are offered and sold in the European economic space and the United Kingdom only to qualified investors, and in Switzerland only to professional clients. Other prohibitions and restrictions apply ».
While this happens, The price of Token Ondo (used for governance in Ondo Finance) is relatively calmas observed in the following graph, provided by TrainingView:
Ondo has a market capitalization of 2.9 billion dollarsapproximately, what places it in the 39th position of digital assets, according to the coinmarketcap tracker.