Ondo Finance reached a critical turning point in 2025. The company launched its own public chain, Ondo Chain, simultaneously received regulatory approval from the United States and the European Union, and formed partnerships with traditional financial institutions such as JPMorgan Chase. These series of actions clearly indicate that the cryptocurrency asset market is undergoing profound transformation.

From three perspectives, this change can be seen:

First is technological independence. The launch of Ondo Chain is not just a marketing gimmick. Building an independent public chain means breaking free from the congestion limitations of the Ethereum network, and more importantly, integrating native compliance design at the chain level. However, the reality is that competition in the public chain sector has become fierce, with Ethereum, Solana, and Avalanche each holding their own territories. For Ondo to carve out a reasonable market share is no easy task.

Second is regulatory breakthrough. Obtaining dual certification from the US and EU is a game-changer. For a long time, crypto companies have been suppressed by regulators. Now, obtaining this certification is akin to opening the door for traditional capital. This means that conservative investors and institutions, who previously hesitated at crypto assets, can now participate legitimately.

Third is the entry of traditional finance. The willingness of industry giants like JPMorgan Chase, with a century of history, to engage deeply indicates that the industry has moved out of the fringe. However, caution is needed: how deep will the institutional cooperation go? Is it genuine strategic investment or just experimental engagement? The actual application and implementation in the future will be the true test.

Notable risk factors include three points. The regulatory environment itself is uncertain; today’s compliance does not guarantee permanent safety. The competition landscape among public chains is already set, making it difficult for new entrants to gain sufficient network effects. The pace of institutional cooperation determines the timeline for commercialization, and there is often a significant gap between on-paper agreements and actual application.

For investors interested in this direction, it is recommended to closely monitor the progress of Ondo Chain’s ecosystem development, the launch timing of practical application scenarios, and the subsequent actions of partners like JPMorgan Chase. Market hype is always easy to inflate; real value can only be demonstrated through actual use.