Ondo is the biggest tokenization platform of Real World Assets on the market. Wether or not it is currently over-valued is open to discussion, however given it's absence of underwater backers, and it's first bull market status. I think it will do very well. The low float high FDV is scary as fuck (low circulating supply), it will get destroyed once the bear market comes I'm convinced. However until there there is more room to grow, I may even use it to convert some of my crypto capital onto stable low returns type of tokenized assets once we get closer to mid-2025 (just in time for the near bear market). So, likely I'd be a user, but not sure I'll be an investor, maybe just short term trader to benefit from some short time price action.
What is going on with this fundraising pipeline, they raised $40M+ and then they did a $40K launchpad on Gate??? that's ridiculous. I have zero intention to be exit liquidity to these VC's, so maybe the best opportunity is to wait for the right time to short. Show Less
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