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DeFi investment bank Ondo raises $30m
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finextra.comOndo is building a decentralised investment bank focused on connecting stakeholders in the emerging DeFi ecosystem, including decentralised autonomous organisations (DAOs), institutions, and retail investors. The firm's first offering was a novel primitive for decentralised structured products that offer choice between downside protection and enhanced returns.The company quickly expanded to other use cases, such as its Liquidity-as-a-Service offering, which matches DAOs with underwriters to provide liquidity for a DAO's native token.
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DeFi investment bank Ondo raises $30m finextra.com /2 years ago
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