According to official news, Ondo Finance has announced the acquisition of Strangelove, but the specific acquisition price has not yet been disclosed. [Odaily Planet Daily News]

Ondo Finance said Monday it has acquired blockchain developer Strangelove in an effort to bolster its ability to bring real-world assets onchain.

"This acquisition reinforces our commitment to building the foundational infrastructure to bring financial markets onchain," Ondo founder and CEO Nathan Allman said in a statement.

Ondo's acquisition of Strangelove follows the crypto firm saying earlier this month that it and fund manager Pantera Capital plan to invest $250 million in RWA projects. Then, in short order, Ondo said it would acquire Oasis Pro and gain access to a broker-dealer licensed by the U.S. Securities and Exchange Commission.

The tokenization of real-world assets like securities, real estate, private credit, and several other valuable assets has been gaining momentum in recent months. Efforts to bring U.S. equities and private company shares have, in particular, attracted a lot of interest as of late. A joint report from Ripple and Boston Consulting Group projects that the tokenized asset market could exceed $18 trillion by 2033.

In its statement explaining its motivation for buying Strangelove, Ondo said the acquisition would position it "as the only full-stack tokenized asset platform with omnichain asset issuance." The firm added that "Strangelove’s engineering depth and proven execution will help us bring scalable, interoperable financial products to a global audience."

According to Ondo's statement, Strangelove is a validator "focused on designing, deploying, and maintaining open-source infrastructure across multiple blockchain ecosystems."

Strangelove CEO Jack Zampolin will slide into the new role of Ondo Finance's Vice President of Product, the companies said.

Ondo Finance acquires blockchain dev Strangelove as part of RWA expansion strategy

Ondo Finance has announced the acquisition of blockchain infrastructure development team Strangelove Labs to accelerate the development of its full-stack RWA platform. Strangelove has been involved in key technology construction such as multi-chain interoperability protocols, SDK frameworks, and customized chain deployments. Its former CEO, Jack Zampolin, will join Ondo as Vice President of Product. [Wu Shuo]

Ondo Finance Announces Acquisition of Strangelove Labs to Accelerate Development of Its Full-Stack RWA Platform

On July 14 (UTC+8), according to the official announcement, tokenization platform Ondo Finance announced today the acquisition of blockchain development company Strangelove, whose experienced team possesses unique expertise in building secure, modular blockchain infrastructure. This acquisition expands Ondo's engineering and product capabilities, enabling it to develop the infrastructure for bringing RWAs on-chain. (Source: Ondo Finance) [MetaEra]

ONDO

Ondo Finance Announces Acquisition of Strangelove to Accelerate Full-Stack RWA Platform Development

On July 14th, according to the official announcement, Ondo Finance announced the acquisition of blockchain development company Strangelove to enhance its engineering and product development capabilities. As part of the acquisition, Strangelove's CEO, Jack Zampolin, will join Ondo Finance as Vice President of Product, and his leadership will help expand Ondo's technology roadmap and accelerate the launch of its upcoming blockchain. [Deep Tide TechFlow]

RWA protocol Ondo Finance announces the acquisition of crypto technology consulting firm Strangelove to accelerate the development of a full-stack RWA platform. [Foresight News]

Ondo Finance Acquires Strangelove to Accelerate RWA Platform Development

On July 14, according to official news, Ondo Finance announced the acquisition of Strangelove to accelerate the development of a full-stack RWA platform.

The official statement said that this acquisition will significantly enhance Ondo's capabilities in engineering and product, providing strong support for large-scale on-chain RWA infrastructure construction. The Strangelove team has successful experience in developing production-level infrastructure in multiple blockchain ecosystems, and its technical contributions cover basic technical fields such as interoperability protocols, SDK frameworks, and customized chain deployment. As part of the acquisition agreement, former Strangelove CEO Jack Zampolin (@jackzampolin) will join Ondo Finance as Vice President of Product. Through this strategic acquisition, Ondo further consolidates its position as the only asset tokenization platform with full-stack capabilities, integrating cross-chain asset issuance, protocol design, and blockchain development. [BlockBeats]

On July 14, according to official news, Ondo Finance announced the acquisition of Strangelove to accelerate the development of a full-stack RWA platform. The official statement said that this acquisition will significantly enhance Ondo's capabilities in engineering and product, providing strong support for large-scale on-chain RWA infrastructure construction. The Strangelove team has successful experience in developing production-level infrastructure in multiple blockchain ecosystems, and its technical contributions cover basic technical fields such as interoperability protocols, SDK frameworks, and customized chain deployment. As part of the acquisition agreement, former Strangelove CEO Jack Zampolin (@jackzampolin) will join Ondo Finance as Vice President of Product. Through this strategic acquisition, Ondo further consolidates its position as the only asset tokenization platform with full-stack capabilities, integrating cross-chain asset issuance, protocol design, and blockchain development capabilities. [BlockBeats]

July 14th, According to official sources, Ondo Finance has announced the acquisition of Strangelove to accelerate the development of a full-stack RWA platform. [BlockBeats News]

Ondo Finance announces acquisition of Strangelove to accelerate Full-Stack RWA Platform Development

Ondo Finance Announces Acquisition of Strangelove

根据官方消息，Ondo Finance 宣布已收购 Strangelove，但具体收购价格尚未披露。[Odaily Planet Daily News]

Ondo Finance 宣布收购 Strangelove

根據官方消息，Ondo Finance 宣佈已收購 Strangelove，但具體收購價格尚未披露。[Odaily Planet Daily News]