Anyone in ondo?

Doing a little research on it.

1/ Today, we’re excited to unveil a first look at the next evolution for Ondo Global Markets (Ondo GM), our RWA tokenization platform designed to enable onchain access to stocks, bonds, and ETFs. What stablecoins did for dollars, Ondo Global Markets will do for securities. pic.twitter.com/ce0PLD9kHc

— Ondo Finance (@OndoFinance) February 4, 2025

Whoever gets the blackrock stock tokenization bid will obviously pump hard. Wonder if these guys will get it?

Yukon Cornelius said:

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Anyone in ondo?

Doing a little research on it.

1/ Today, we’re excited to unveil a first look at the next evolution for Ondo Global Markets (Ondo GM), our RWA tokenization platform designed to enable onchain access to stocks, bonds, and ETFs. What stablecoins did for dollars, Ondo Global Markets will do for securities. pic.twitter.com/ce0PLD9kHc

— Ondo Finance (@OndoFinance) February 4, 2025

Whoever gets the blackrock stock tokenization bid will obviously pump hard. Wonder if these guys will get it?

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World Liberty Fi just bought about $470k in ONDO fwiw. I don't own it

How long ago?

Just read Peter Thiel VC group was funding ondo in 21-22'.

https://www.aicoin.com/en/article/298976

Yukon Cornelius said:

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How long ago?

Just read Peter Thiel VC group was funding ondo in 21-22'.

https://www.aicoin.com/en/article/298976

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sometime between 2 months and 5 days ago. Reporting is not concise

Gotcha. I'm going to buy a bag

I'm gonna join. I like the idea, but time will tell about implementation and/or competition. Gonna buy some smaller tranches over the next month. Doesn't seem that altcoin/memecoin dump is over for now.

WhiteRock overview, interesting innovation on RWA

essentially ONDO but 1/100th the size

Quote:

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Gotcha. I'm going to buy a bag

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"Buy a Bag"?

Crypto lingo for buying some…

But is Peter Thiel backing it? Lol

If this can be a thing, IF said it first and should have some ownership.

Can we create a TexAg crypto coin?

I can make one in 5 minutes. The question is why tho

Yukon Cornelius said:

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I can make one in 5 minutes. The question is why tho

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So we can get Aggies and others all over to buy the increases, profit, and donate to NIL to buy championships!

You could make one called Aggies NIL or something. And apply a 1% tax on each transaction. That 1% would automatically get sent to a designated wallet. Which in turn would be used to pay NIl stuff.

Problem is you have to actively manage that wallet to make the money is going to NIL and not other things just sitting there.


Now if Texags United or whatever it's called got with the times and had a wallet to donate to you could then designate that wallet as the recipient of the transaction tax proceeds. Which would make it much more doable.

Another Aggie and I brainstormed this a few years back. Not enough crypto adoption to make it work. But if someone had connections within Texags untied. They could convince them to set up crypto donations.

A lot of charities have gotten that capability now. Kind of crazy TAU hasn't. But they mismanage a lot IMo

Yukon Cornelius said:

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You could make one called Aggies NIL or something. And apply a 1% tax on each transaction. That 1% would automatically get sent to a designated wallet. Which in turn would be used to pay NIl stuff.

Problem is you have to actively manage that wallet to make the money is going to NIL and not other things just sitting there.

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Sounds like a job for Aggies United, if someone set it up for them!

It sounds like a way to make a lot of NIL dollars utilizing the Aggie Network! You could also siphon off a small portion of the 12th Man Foundation donations to have a portion buying AgCoin every year to pump it up and limit the number of coins…

Ya would get a lot of publicity for being the first. I've thought about reaching out before and helping but I've been very frustrated with TAU. I've tried to give them money before and they've blown me off multiple times. Kind of a joke organization if you ask me.

I've thought about this a lot: another thing I thought should be developed is every SEC school has their own crypto. Like Aggie coin and corn dog coin. Then before the game people can put their coins up to bet. Then if the Aggies win the Aggies who bet get the lsu coins. They can then dump them and buy up more Aggie coin.

So it would reward real football field performance with liquidity injection into the corresponding team win.

Ya agreed.

AGBUX

Where a % of profit goes to a Finance Degree Scholarship. Enough backing to make some money and send a kid to school?

Can cryto like this hypothetical AGBUX currently be used to purchase tangible products? How hard would it be to create a local economy through AGBUX? What if the BCS grocery store accepted AGBUX? The lumber store. The gas station. The campus.

Yukon Cornelius said:

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But is Peter Thiel backing it? Lol

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I think BlackRock is backing it, so that means something I suppose

I have been building a position in IBIT and selling calls against it. Recently ran across BITO and have tracked it daily. It has moved the same as IBIT but pays a significant dividend. 60%. I know this is too good to be true so how does BITO pay a yield but track the same as other bitcoin ETFs?

Was wondering the same

Chickenman98 said:

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I have been building a position in IBIT and selling calls against it. Recently ran across BITO and have tracked it daily. It has moved the same as IBIT but pays a significant dividend. 60%. I know this is too good to be true so how does BITO pay a yield but track the same as other bitcoin ETFs?

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Could they be staking it and giving you a piece of it?