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- Ondo Finance acquired Strangelove to accelerate development of its full-stack on-chain RWA infrastructure.
- Jack Zampolin joins Ondo as VP of Product to lead blockchain platform and protocol innovation.
Amid increasing market scrutiny of the real-world asset (RWA) sector, Ondo Finance has taken a major step by acquiring Strangelove, a team developing modular and open-source blockchain infrastructure. This is no ordinary acquisition, it carries significant weight because it targets the heart of Ondo’s technical development, which has previously relied on third-party integrations.
We are excited to announce that Ondo Finance has acquired @strangelovelabs to accelerate our full-stack RWA platform development.
This acquisition significantly expands Ondo’s engineering and product capabilities to develop infrastructure for bringing RWAs onchain, at scale.… pic.twitter.com/quxZowdZEy
— Ondo Finance (@OndoFinance) July 14, 2025
Strangelove Deal Accelerates Ondo’s Vision for In-House Blockchain
Strangelove is known for its expertise in building cross-chain protocols, custom SDKs, and robust validator nodes. With this team, Ondo aims to advance the development of its own blockchain, complete with omnichain asset issuance features and a truly reliable RWA protocol system. Now, rather than having to wait for or rely on external infrastructure, Ondo can move much more nimbly.
Interestingly, Strangelove’s CEO, Jack Zampolin, has also joined Ondo and immediately assumed the role of VP of Product. He will lead the technical direction and product development from end to end. This is not just a talent acquisition; it is a convergence of vision and strategy.
Furthermore, Ondo Finance CEO, Nathan Allman, emphasized that the ultimate goal is not simply to expand services, but to truly build a lasting on-chain financial foundation. If you think about it, it’s like Ondo is building its own toll road instead of continuing to use someone else’s.
Ondo Finance Builds Momentum With Tokenized Stocks and Treasury Access
On the other hand, CNF also reported that Ondo Finance recently acquired Oasis Pro. This acquisition was to secure a license from the SEC to enable legitimate and legal stock tokenization in the United States. This license will eventually become the backbone of their developing Global Markets platform, where anyone can access tokenized stocks from around the world.
Not only that, in early July, Ondo also partnered with Pantera Capital to launch a $250 million fund. The focus is on early-stage startups developing tokenization projects, ranging from bonds to private assets. If you have a big idea for tokenization and haven’t secured funding yet, maybe it’s time to start looking at Ondo and Pantera.
Then in May, Ondo launched a new feature: conversion between OUSG and PYUSD with no fees and no time lag—24/7. This means users can now access and exit Treasury tokens without having to wait for business hours or have fees deducted. Imagine being able to buy tokenized US bonds at 2 a.m. while lying down. What could be more flexible?
However, its native token, ONDO, is experiencing price pressure. At the time of writing, its price has fallen by around 5.94% in the past 24 hours, trading at about $0.8859. This correction follows Bitcoin’s already sluggish performance. However, considering Ondo’s long-term strategy, the short-term price drop may be just a small ripple in their grand plans.
