Ondo Finance Announces Acquisition of Strangelove to Accelerate Full-Stack RWA Platform Development
Powered by ChatGPTOn 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]