Ondo launches tokenized stock collateral, ONDO eyes $0.50 resistance
Ondo Finance’s ONDO token has drawn renewed interest from the market following a breakout supported by rising adoption of real-world assets (RWA) and the introduction of tokenized stock collateral for perpetual trading. The new feature, allowing traders to use tokenized equities as collateral, has added momentum to ONDO’s price recovery as traders monitor whether the token can approach the $0.50 resistance zone.