RWA令牌化正在加速，而Ondo Finance则逐步降低了趋势

现实世界中资产（包括债券，信贷工具和投资基金）的代币化正在重塑金融格局。

Ondo Finance, a leading tokenized real-world asset (RWA) issuer, has officially launched Ondo GM, a platform that will enable users to tokenize and trade conventional financial instruments like stocks, bonds, and exchange-traded funds (ETFs). The initiative marks a significant step in the convergence of decentralized finance (DeFi) and Wall Street.

领先的代币现实世界资产（RWA）发行人Ondo Finance已正式推出了Ondo GM，该平台将使用户能够代表和交易常规金融工具（如股票，债券和交易所交易所交易的基金（ETF））。该计划标志着分散财务（DEFI）和华尔街的融合迈出的重要一步。

The platform, which is set to go live in the coming months, will reportedly feature built-in compliance controls to determine who can access, purchase, and sell these tokens. This move by Ondo is part of a broader trend in the Web3 industry, where tokenization is gaining traction as a solution to modernize outdated financial structures.

该平台将在未来几个月内直播，据报道将具有内置合规性控制，以确定谁可以访问，购买和出售这些令牌。 Ondo的这一举动是Web3行业中更广泛的趋势的一部分，在该行业中，令牌化已获得吸引力，以解决现代化过时的金融结构。

With both institutional and retail investors demanding tokenized assets, Ondo GM could play a crucial role in driving mainstream adoption. Notably, the specific stocks, bonds, or ETFs that will be available on the platform have not yet been disclosed by Ondo.

由于机构和零售投资者都需要标记资产，因此ondo GM在推动主流采用方面起着至关重要的作用。值得注意的是，该平台上将提供的特定股票，债券或ETF尚未披露。

However, the company has stated that Ondo GM will function similarly to stablecoin liquidity models, allowing users to mint freely transferable tokens that are linked to traditional financial assets. As a reminder, stablecoin liquidity models typically involve minting new tokens in exchange for depositing a supported asset into a smart contract.

但是，该公司表示，Ondo GM将与Stablecoin流动性模型相似，从而使用户可以自由转移的代币与传统金融资产相关。提醒您，Stablecoin流动性模型通常涉及铸造新的代币，以换取将支持的资产存入智能合约。

The minted tokens can then be used for various purposes, such as making on-chain purchases or engaging in decentralized applications (dApps), while the original assets are held in custody by a qualified institution.

然后可以将铸造的令牌用于各种目的，例如进行链上购买或进行分散申请（DAPP），而原始资产则由合格机构拘留。

Upon meeting specific conditions, users can burn the tokens to redeem the underlying assets from the custodian. This mechanism enables users to obtain a tokenized version of an asset quickly and efficiently, without having to go through the conventional process of purchasing and transferring the asset itself.

在满足特定条件后，用户可以燃烧令牌以从托管人身上赎回基础资产。这种机制使用户能够快速有效地获取资产的令牌版本，而不必经历购买和转让资产本身的常规过程。

The Cost of Delay: A Deeper Dive into Tokenized Stocks, Bonds, and ETFs

延迟的成本：更深入地研究令牌化股票，债券和ETF

As the demand for tokenized assets continues to rise, both within and outside the crypto community, it's essential to understand the broader context and implications of this phenomenon.

随着加密货币社区内外，对令牌资产的需求不断上升，必须了解这种现象的更广泛的背景和含义。

To gain a deeper perspective, let's delve into the significance of tokenized stocks, bonds, and exchange-traded funds (ETFs) and explore how they could revolutionize the financial landscape.

为了获得更深入的观点，让我们深入研究令牌化股票，债券和交易所交易资金（ETF）的重要性，并探索它们如何彻底改变金融景观。

The Increasing Allure of Tokenized Assets: A Web3 Gateway for Traditional Finance

令牌资产的诱视越来越多：传统金融的Web3网关

In the realm of Web3, a captivating narrative is unfolding a tale of convergence, innovation, and disruption. As this narrative progresses, we bear witness to the merging of decentralized finance (DeFi) and the time-honored institutions of Wall Street.

在Web3领域，迷人的叙述正在展现一个融合，创新和破坏的故事。随着叙述的发展，我们见证了分散的财务（DEFI）和华尔街悠久的机构的合并。

This encounter is heralding the creation of a novel financial paradigm, one that seamlessly blends the strengths of both worlds. At the heart of this convergence lies a powerful technology: the tokenization of conventional financial instruments.

这次相遇是为了制造出一种新颖的财务范式的创造，这种范式无缝地融合了两全其美的优势。这种融合的核心是一项强大的技术：常规金融工具的令牌化。

This technology has the potential to reshape the very foundations of the investing landscape, rendering it more accessible, efficient, and transparent than ever before.

该技术有可能重塑投资环境的基础，使其比以往任何时候都更容易获得，高效和透明。

But what precisely do we mean when we speak of tokenized assets? In essence, tokenization entails the representation of a traditional asset, such as a stock, bond, or ETF, on a blockchain network.

但是，当我们谈到令牌化资产时，我们的意思是什么？本质上，令牌化需要在区块链网络上代表传统资产，例如股票，债券或ETF。

This process results in the creation of a new digital asset that embodies ownership rights over the underlying asset and can be transferred, traded, or utilized within the decentralized finance ecosystem.

此过程导致创建一个新的数字资产，该资产体现了对基础资产的所有权，并且可以在分散的金融生态系统中转移，交易或使用。

While still in its early stages of development, the tokenization of stocks, bonds, and ETFs holds immense promise for revolutionizing the financial industry. Here's a closer examination of how these tokenized assets could impact each asset class:

虽然仍处于发展的早期阶段，但股票，债券和ETF的令牌化对革命金融产业的承诺持巨大的希望。这是对这些标记资产如何影响每个资产类别的仔细研究：

Tokenized Stocks: Opening the Door to Fractional Ownership and 24/7 Trading

标记股票：打开分数所有权和24/7交易的大门

The tokenization of stocks presents a unique opportunity to broaden access to equity markets and cater to a wider spectrum of investors.

股票的令牌化为扩大进入股票市场的机会并迎合更多的投资者提供了独特的机会。

By enabling the fractionalization of stock ownership through blockchain technology, smaller investors can now participate in the stock market, even with limited capital, and gain exposure to a broader range of investment opportunities.

通过通过区块链技术实现股票所有权的分数，较小的投资者现在可以参与股票市场，即使资本有限，并获得了更广泛的投资机会。

Furthermore, tokenized stocks can be traded around the clock, thanks to the continuous nature of decentralized finance markets. This feature stands in stark contrast to the limited trading hours of centralized stock exchanges.

此外，由于分散的财务市场的不断性质，可以全天候全天交易式股票。此功能与集中证券交易所的有限交易小时形成鲜明对比。

As a result, investors can capitalize on market movements and adjust their portfolios swiftly and efficiently, even beyond the constraints of conventional trading schedules.

结果，投资者可以利用市场发展，并迅速有效地调整其投资组合，甚至超出传统交易计划的限制。

Tokenized Bonds: Enhancing Liquidity and Transparency in Fixed-Income Markets

令牌债券：提高固定收入市场的流动性和透明度

The application of tokenization to fixed-income instruments, such as bonds, aims to augment liquidity and introduce greater transparency into these markets.

将令牌化应用于固定收入工具（例如债券）旨在提高流动性并向这些市场引入更高的透明度。

By facilitating the tokenization of bonds on decentralized platforms, transactions can be settled swiftly and efficiently, often within minutes or even seconds, compared to the days-long settlement periods in conventional bond markets.

通过促进分散平台上的债券的令牌化，与常规债券市场的长达日期和解期相比，可以在几分钟甚至几秒钟内迅速有效地解决交易。

This efficiency in trade execution and settlement can bolster liquidity and attract a broader range of participants to fixed-income markets.

贸易执行和和解方面的这种效率可以增强流动性，并吸引更广泛的参与者进入固定收益市场。

Moreover, tokenization can enhance transparency by providing a complete and immutable record of all transactions on the blockchain, enabling investors to track and monitor their investments seamlessly.

此外，令牌化可以通过提供区块链所有交易的完整且不可变的记录来提高透明度，从而使投资者能够无缝跟踪和监视其投资。

This level of transparency can instill greater confidence among investors and contribute to the overall stability of fixed-income markets.

这种透明度可以灌输投资者之间的更大信心，并为固定收入市场的整体稳定做出贡献。

Tokenized ETFs: Expanding Investment Options and Reducing

令牌ETF：扩大投资选择和减少