DVM View: Tomorrow, $ONDO (@OndoFinance) will hold its Summit in NYC from 12-2p ET with several marquee guest speakers. The summit comes after the protocol launched an Ondo Global Markets for tokenizing securities (stocks, bonds, etfs) yesterday. We expect to hear announcements for partnerships in select areas of treasuries, securities insurance (ETFs/ETP), and general strategies (incl technologies) and implications from industry partners. We think RWA will begin to accelerate this year, given favorable regulations and on-going infrastructure developments in the sector. Consequently, sector MCap of ~$12b could expand towards $20b EoY especially considering vocal support from Administration and Wall st (ie Blackrock). Belv that the impact stables had for the dollar, is the mission for RWAs/Ondo for securities.

Speaker List: @dan_pantera, @novogratz, @observatory13, @wisdomtreefunds among others.

Here are 5 Things we are Looking For:
1/ Ondo GM: In depth exploration of the Ondo Global Market product, discussing the operational framework, and setting expectations for investors and ecosystem partners on future development.
2/ Product roadmap: Insights into potential new core products that might expand beyond the current offerings of OUSG (short-term T-bills) and USDY (” + bank deposits).
3/ Regulatory backdrop: Clarifications on the US regulatory framework that could pave the way for broader product offerings.
4/ Industry Support: Announcements regarding supportive partnerships and ecosystem developments, similar to its Nexus product, which buffered liquidity for treasuries.
5/ Fee Structures: If Ondo discloses any changes to its fee structure of i/ .15% mgmt fee (waived until July 1st 2025) for OUSG, and ii/ an interest premium for USDY, along with a redemption fee of 20 bps on redemption.