/biz/ - Business & Finance

Despite your unfortunate ID your facts are not in fact, shit.
ONDOLOGISTS RISE UP

Why is this pumping? Any news?

Ooooooooooooooo

>>58080927
I've no clue but it's going fucking vertical after a week long slump and I'm here for the ride.

>>58080927
BlackRock Creates Fund With Securitize, a Big Player in Real-World Asset Tokenization

BlackRock CEO Larry Fink said in an interview earlier that the company's filings for spot bitcoin and ether ETFs were "stepping stones towards tokenization."

https://www.coindesk.com/policy/2024/03/19/blackrock-creates-tokenized-asset-fund-sec-filing-shows/

>>58079480
>>58081472

Pretty sure this price action isn't by accident.

BlackRock just filed with the SEC to launch tokenisation fund.

BlackRock CEO Larry Fink: ‘…the next step is the tokenisation of financial assets, and that means every stock, every bond…’

>>58079480
"JUST IN: BlackRock launches digital asset fund and deposits $100 million $USDC on the Ethereum network."

We know where this is going.

wtf i wanted to buy but no chance im fomoing into a 60% rally in two days. priced out forever again. fuckmylife.

>>58081472
>>58081488
>>58081616
Wait, what does Ondo have to do with this Blackrock thing?

>>58081674

>>58081728
Is that from Ondo's website?
Because all that means is Ondo is buying Blackrock product.

>>58081739
Blackrock has chosen ONDO to tokenize shit for them.

>>58081796
Right, source on that?

>>58081801
This anon words it weirdly by saying "Blackrock has chosen ONDO", although not incorrect.

It's more so the case that they're the first RWA crypto project to directly tokenise Blackrock assets, implying the relationship.

>The first tokenized security with material adoption, OUSG, a tokenized wrapper of Blackrock short-term US Treasuries ETF

>The first transferrable, rebasing token given money market exposure, OMMF, a tokenized wrapper of a Blackrock money market fund

Don't forget these important bullet points:

>Ondo Finance has raised $24 million in equity financing from Peter Thiel’s Founders Fund, Pantera, and Coinbase, works with institutional-grade service providers like Blackrock and Morgan Stanley, and is led by the former leadership of the Goldman Sachs Digital Assets team.

>>58079480
So ondo will lead the trend rwa? then what's next?

>>58081952
>BlackRock Creates Fund With Securitize
It benefits Ripple and Avax obviously.
For Ondo, I am not sure

>>58081952
>This anon words it weirdly by saying "Blackrock has chosen ONDO",
You worded this weirdly by not just saying "he lied".

>>58082155
But he didn't lie, just worded it weirdly.

>>58082139
I see you in the AVAX thread shill, I love AVAX but this announcement doesn't do anything for it. Securitize only benefits one market.

>>58082235
>But he didn't lie, just worded it weirdly.
Blackrock has literally nothing to do with Ondo, let alone chose Ondo for anything.
It's a bold-faced lie

>>58082242
So ONDO just rolled out the first tokenized security of Blackrocks short-term US Treasuries ETF and the first tokenized wrapper of a Blackrocks money market fund with zero interaction with Blackrock? All while having backing from Peter Thiel, Pantera and Coinbase and leadership from Goldman’s Former Head of Digital Assets? kek
I get it anon, you missed the pump and your bags are heavy.

>>58082314
>with zero interaction with Blackrock?
Yes. Because otherwise there would be source.

>>58082362
Do you have a source on that?

Source?

A source. I need a source.

Sorry, I mean I need a source that explicitly states your argument. This is just tangential to the discussion.

No, you can't make inferences and observations from the sources you've gathered. Any additional comments from you MUST be a subset of the information from the sources you've gathered.

You can't make normative statements from empirical evidence.

Do you have a degree in that field?

A college degree? In that field?

Then your arguments are invalid.

No, it doesn't matter how close those data points are correlated. Correlation does not equal causation.

Correlation does not equal causation.

CORRELATION. DOES. NOT. EQUAL. CAUSATION.

You still haven't provided me a valid source yet.

Nope, still haven't.

I just looked through all 308 pages of your user history, figures I'm debating a glormpf supporter. A moron.

Post portfolio or bye nigger

>>58082235
Actually, I have both Ondo and Avax.
Ondo has a small cap, so it can create a big X10 impact and attract the spotlight.
Avax is heavy and slow, maybe $200 max, but it has the infrastructure to support the model, especially KYC regulations.

>>58082497
The Ondo website itself literally says they invest in Blackrock bonds.

It's basically like saying "Microsoft chose us" when you're using Windows Vista.

>>58082513
Based, my only two investments are AVAX and ONDO, been holding AVAX since Jan 2021.

>>58082523
Correlation does not equal causation.
See you in two years nigger, verification not required.

>>58082497
how to search for the user history of a person here, I don't even know if it's possible to search

Trillions.

>>58082565
I don't mean this as an insult, but are you possibly on the spectrum anon?

>>58082523
How’s the view from the top of the bell curve?

>>58082540
>Correlation does not equal causation.
Exactly.
So Ondo buying Blackrock product does not equal Blackrock choosing Ondo.

>>58082645
Even if blackrock does not use ondo or whatever, the current perception that they are connected is valuable. Narratives matter in trading and ondo is the blackrock coin for now. Submit to the narrative or miss the trade.

>>58082645
See
>>58082627

>>58082645
Anyone can buy Blackrock bonds, but the competition is tough.
Op think Ondo will lead the race.

>>58079480
test

>>58082314
>ONDO just rolled out the first tokenized security of Blackrocks short-term US Treasuries ETF and the first tokenized wrapper of a Blackrocks money market fund
Obviously, this is enough for many people, including myself, to invest in. First movers matter.