RWA令牌先驱Ondo Finance揭开了其1层区块链的Ondo Chain

RWA令牌先驱Ondo Finance揭开了其1层区块链的Ondo Chain

Prominent real-world asset (RWA) tokenization player Ondo Finance has introduced its own Layer 1 blockchain, named Ondo Chain. Officially launched at the Ondo Summit in New York on February 6, 2025, this development marks a significant shift from traditional finance (TradFi) to decentralized finance (DeFi).

著名的现实资产（RWA）令牌化参与者Ondo Finance推出了自己的1层区块链，名为Ondo Chain。这一发展于2025年2月6日在纽约的Ondo Summit正式启动，这是从传统金融（TradFI）转变为分散的财务（DEFI）的重大转变。

The platform is designed to provide financial institutions with a secure, regulatory-compliant, and efficient solution for tokenizing real-world assets.

该平台旨在为金融机构提供安全，符合法规的且有效的解决方案，以实现现实世界中的资产。

Unlike public blockchains such as Ethereum, which prioritize transparency and accessibility, Ondo Chain is tailored to institutional needs. It offers a balance between security and compliance, ensuring that established financial entities can participate in the DeFi ecosystem without violating regulatory frameworks or compromising security standards.

与以太坊等公共区块链（优先考虑透明度和可访问性）不同，Ondo Chain是根据机构需求量身定制的。它在安全性和合规性之间提供平衡，确保已建立的金融实体可以参与Defi生态系统，而无需违反监管框架或损害安全标准。

Ondo Chain has been developed to overcome key obstacles in integrating traditional financial assets into DeFi. The existing infrastructure of public blockchains presents several limitations that hinder institutional adoption, including:

已经开发了ondo链，以克服将传统金融资产纳入DEFI的关键障碍。现有的公共区块链基础设施提出了一些限制机构采用的局限性，包括：

DeFi Protocol Incompatibility: Many decentralized finance protocols do not support corporate actions such as forward and reverse stock splits, which are commonly used in traditional finance to adjust asset pricing and valuation. Current DeFi platforms lack mechanisms to facilitate such actions effectively.

DEFI协议不兼容：许多分散的财务协议不支持诸如远期和反向股票拆分之类的公司行动，这些股票分割是在传统金融中通常用于调整资产定价和估值的。当前的Defi平台缺乏有效促进此类行动的机制。

Liquidity Fragmentation Across Chains: The issuance of RWAs on multiple blockchains has led to liquidity fragmentation. Managing these tokenized assets across different networks introduces complexity and security risks, especially when relying on bridging solutions that are susceptible to exploits.

跨连锁店的流动性碎片化：在多个区块链上发行RWAS导致流动性分散。在不同网络上管理这些令牌资产会引入复杂性和安全风险，尤其是在依靠容易受到利用的桥接解决方案时。

Unstable and High Transaction Fees: The cost of transactions on public blockchains is often unpredictable and volatile. Since transaction fees are usually paid in native tokens, market fluctuations can make the costs excessive, particularly when the same tokens are used to secure the network.

不稳定且高的交易费用：公共区块链交易的成本通常是不可预测和波动的。由于通常以本地令牌支付交易费用，因此市场波动可以使成本过高，尤其是当使用同样的代币来确保网络的情况下。

Security Concerns in Network Validation: The reliance on native tokens for network security poses risks, as the volatility of RWAs is significantly lower than that of cryptocurrencies. During market downturns, the security of such networks can be compromised due to rapid fluctuations in token value.

网络验证中的安全问题：对网络安全的依赖对网络安全构成风险，因为RWA的波动率明显低于加密货币的风险。在市场低迷期间，由于令牌价值的迅速波动，此类网络的安全性可能会损害。

Regulatory Restrictions: Many regulated institutions face strict compliance requirements that prevent them from engaging with public blockchains. Challenges include restrictions on holding cryptocurrencies, running nodes, paying gas fees, and concerns over front-running and malicious maximal extractable value (MEV) practices.

监管限制：许多受监管的机构面临严格的合规性要求，以阻止他们与公共区块链接触。挑战包括限制持有加密货币，运行节点，支付汽油费以及对前线和恶意最大提取价值（MEV）实践的担忧。

Ondo Chain aims to resolve these issues by providing an ecosystem specifically designed for institutional RWA trading. The initiative underscores Ondo Finance’s commitment to bridging the gap between blockchain technology and traditional finance.

Ondo Chain旨在通过提供专门为机构RWA交易设计的生态系统来解决这些问题。该倡议强调了Ondo Finance致力于弥合区块链技术与传统金融之间的差距。

To ensure seamless integration of RWAs into DeFi, Ondo Chain incorporates several unique features based on extensive research into the challenges faced by institutional participants. These include:

为了确保RWAS无缝集成到DEFI中，Ondo Chain基于对机构参与者面临的挑战的广泛研究，结合了几个独特的功能。其中包括：

Permissioned Validator Network: Unlike public blockchains that allow unrestricted validator participation, Ondo Chain relies on a permissioned network. Only pre-approved entities, primarily regulated financial institutions, can validate transactions. This approach enhances regulatory compliance, minimizes front-running risks, and reduces the likelihood of MEV exploitation.

权限验证器网络：与允许无限制验证者参与的公共区块链不同，Ondo Chain依赖于权限的网络。只有预先批准的实体，主要是受监管的金融机构，才能验证交易。这种方法增强了法规依从性，最大程度地减少了领先的风险，并降低了MEV剥削的可能性。

RWA-Backed Staking Mechanism: Instead of using highly volatile native tokens for staking, Ondo Chain allows validators to stake tokenized RWAs and other low-risk assets such as liquid securities. This model aligns with institutional needs, ensuring network security while maintaining stability.

RWA支持的放入机制：Ondo Chain不用使用高度挥发性的天然令牌来制作均值，而是允许验证者公司立施加令牌化的RWA和其他低风险资产（例如液体证券）。该模型与机构需求保持一致，确保网络安全性同时保持稳定性。

Omnichain Bridging Functionality: Ondo Chain integrates an advanced bridging mechanism that facilitates seamless and secure asset transfers between Ondo Chain and supported blockchain networks. Unlike conventional bridging solutions, which often rely on external mechanisms vulnerable to hacks, Ondo’s system prioritizes security and efficiency.

Omnichain桥接功能：Ondo Chain集成了一种先进的桥接机制，该机制促进了Ondo链和支持的区块链网络之间的无缝和安全资产转移。与常规的桥接解决方案通常依赖于容易受黑客攻击的外部机制不同，Ondo的系统优先考虑安全性和效率。

Built-In Oracles and Proof-of-Reserve Systems: To enhance data integrity and transparency, Ondo Chain incorporates built-in oracles and proof-of-reserve mechanisms. Validators authenticate off-chain data such as asset prices and reserve levels, ensuring reliable and accurate financial information.

内置的甲壳和保存验证系统：为了增强数据完整性和透明度，Ondo Chain结合了内置的甲壳和保留证明机制。验证者验证链接数据（例如资产价格和储备金水平），以确保可靠，准确的财务信息。

In addition to Ondo Chain, Ondo Finance is expanding its ecosystem with Ondo Global Markets (OGM)—a platform that provides on-chain access to traditional financial assets. OGM plans to tokenize over 1,000 securities, including stocks, bonds, and ETFs from leading exchanges such as the NYSE and Nasdaq.

除了Ondo Chain之外，Ondo Finance还通过Ondo Global Markets（OGM）扩展其生态系统，该平台可在链上访问传统的金融资产。 OGM计划从纽约证券交易所和纳斯达克等领先的交易所中将1,000多个证券化，包括股票，债券和ETF。

One of the key endorsements for Ondo Finance comes from World Liberty Financial (WLF), a financial association known for its investment strategies in blockchain-based projects. WLF has demonstrated confidence in Ondo Finance by investing $470,000 in ONDO tokens, reinforcing its belief in the project’s long-term potential. The organization views Ondo Chain as a transformative force in the financial sector and aims to integrate ONDO into its strategic reserves, ensuring sustained commitment to the ecosystem.

Ondo Finance的关键认可之一来自世界自由金融（WLF），这是一个金融协会，该协会以其在基于区块链的项目中的投资策略而闻名。 WLF通过向Ondo代币投资47万美元，表现出对Ondo Finance的信心，增强了其对项目长期潜力的信念。该组织将Ondo Chain视为金融部门的变革力量，并旨在将Ondo整合到其战略储备中，以确保对生态系统的持续承诺。

Following the launch of Ondo Chain, the ONDO token has exhibited market resilience, maintaining a price of $1.44 as of February 7, 2025, despite broader market downturns. Additionally, the total value locked (TVL) in the Ondo ecosystem has surged from $568.32 million on January 31 to $653.44 million by February 7, reflecting increased user activity and growing interest in Ondo-based protocols.

在Ondo Chain推出之后，Ondo代币表现出市场的弹性，尽管市场衰退更广泛，但截至2025年2月7日，价格为1.44美元。此外，Ondo生态系统中的总价值锁定（TVL）从1月31日的5.6832亿美元飙升至2月7日的6.5344亿美元，反映了用户活动的增加和对基于ONDO的协议的兴趣日益增长。

The adoption of blockchain technology for tokenizing financial assets is reshaping traditional

采用区块链技术来实现金融资产正在重塑传统