NEW: BINANCE FUTURES WILL LAUNCH QQQUSDT, SPYUSDT, AAPLUSDT AND TSMUSDT USDⓈ-MARGINED PERPETUAL CONTRACTS
SOURCE: https://t.co/9b6BjpXSek https://t.co/LM9a9R20Co
NEW: BINANCE FUTURES WILL LAUNCH QQQUSDT, SPYUSDT, AAPLUSDT AND TSMUSDT USDⓈ-MARGINED PERPETUAL CONTRACTS
SOURCE: https://t.co/9b6BjpXSek https://t.co/LM9a9R20Co
Another day, another ATH. We broke some records today with Ondo Global Markets.
Over $120M in mint/redeem volume was processed by mid-session. Much of that activity happened before the opening bell. $90M of QQQ was processed onchain in pre-market hours, generating nearly 162,000 attestations, about 40x higher than average.
Looks that retail wants tokenized equities, provided by Ondo.
I do wanna re-iterate that why is it important to have tokenized security onchain.
- it’s frictionless, in your control, transparent and etc.
But it’s also essential that you can use your asset onchain without selling. You can own tokenized $QQQ get benefited from asset appreciation while unlocking the liquidity when you need it.
Imagine buying $QQQ on @coinbase but need additional dry powder to buy $BTC if you are short on cash? Get a loan on @Morpho with much lower rate than traditional brokerage. You can repay, reborrow, and adjust loan amount anytime. All done within one app, one ecosystem without permission.
Yes, you can argue you can get the same margin loan on Robinhood, but with much higher rate than onchain solution.
This is a one of the prerequisite to @coinbase tokenized equity vision about unlocking liquidity in traditional market.
LFG, couldn’t be more excited! Thank you @Morpho
yes Finally!!!!
Morpho doing everything right! https://t.co/2rvTV0usfx