Cryptocurrency ONDO Rises by 16% After Joining DTCC Working Group

Ondo Finance has announced its integration into the DTCC Industry Working Group, which includes major players such as BlackRock, JPMorgan, and Goldman Sachs. This integration aims to enable tokenized U.S. securities to access the market infrastructure of the Depository Trust & Clearing Corporation (DTCC). Following this announcement, the cryptocurrency ONDO experienced a 16% increase within a few hours, reaching approximately $0.37. However, the ONDO token remains down over 80% from its all-time high of December 2024, where it exceeded $2. To consider a return to a bullish trend, a hold above $0.37 is necessary.

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