Kucoin lists Ondo token (ONDO), connecting with the TradFi and DeFi sectors
KuCoin, a long-standing centralized cryptocurrency exchange, has officially announced support for Ondo (ONDO), a project that combines the TradFi and DeFi sectors on public blockchains. Through a post on its official blog and social network X, KuCoin revealed its intention to include Ondo's native token, ONDO, in the list of supported assets.KuCoin expressed its joy to announce the support of ONDO tokens on its online exchange. According to the announcement, the door to deposit ONDO has opened on the Ethereum ERC20 network. Official trading for ONDO will begin on Thursday, January 18. The designated trading pair for ONDO will be stablecoin Tether USD (USDT). Users will be able to withdraw their ONDO the next day, Friday, January 19.
Ondo ensures to make positive and disruptive changes by connecting traditional (TradFi) and decentralized (DeFi) finance on blockchains. The DAO's goal is to democratize access to institutional-grade financial products and services, ensuring availability to everyone globally. As a leader in the Real World Assets (RWA) space, Ondo actively supports the tokenization of traditional financial assets by managing protocols such as Flux Finance. ONDO serves as the governance token for Ondo DAO. The Ondo ecosystem includes key organizations such as Ondo Finance, Ondo Foundation and Flux Finance. Before Kucoin supported ONDO tokens, the exchange listed MANTA and Soul Society's HON token, which is leading the way in building Web3 social IDs.