Ondo Finance has acquired blockchain growth agency Strangelove in a transfer to strengthen its technical capabilities as competitors intensifies in the tokenized real-world belongings (RWA) market, the corporate introduced Monday in a statement.
Monetary phrases of the acquisition weren’t disclosed. The deal represents Ondo’s effort to construct vertically built-in capabilities because the tokenized asset market matures and competitors from each crypto-native firms and conventional monetary establishments will increase.
The acquisition brings skilled infrastructure builders to Ondo’s crew as the corporate prepares to launch its personal blockchain community. Strangelove CEO Jack Zampolin will be a part of Ondo as vp of Product, bringing expertise in protocol design and interoperability methods throughout a number of layer 1 blockchains.
Extraordinarily excited to share the information that Strangelove is becoming a member of @OndoFinance! https://t.co/sPeKFptDEQ
— Strangelove (@strangelovelabs) July 14, 2025
“This acquisition reinforces our dedication to constructing the foundational infrastructure to deliver monetary markets onchain,” stated Nathan Allman, founder and CEO of Ondo Finance. “Strangelove’s engineering depth and confirmed execution will assist us deliver scalable, interoperable monetary merchandise to a worldwide viewers,”
The deal comes because the tokenized asset sector faces technical challenges round scalability, interoperability, and institutional compliance necessities. Ondo’s transfer to amass specialised blockchain builders suggests the corporate sees customized infrastructure as crucial to competing with conventional monetary providers.
Strangelove’s crew has labored on interoperability protocols, SDK frameworks, and customized chain deployments throughout varied blockchain ecosystems. The corporate additionally operates as a validator, offering further operational experience that might show precious for Ondo’s deliberate blockchain community.
Ondo positions itself as a full-stack tokenized asset platform, competing with different RWA-focused firms like Centrifuge and Maple Finance. The acquisition seems designed to distinguish Ondo by providing omnichain asset issuance capabilities reasonably than being restricted to particular blockchain networks.
The timing suggests Ondo is getting ready for elevated institutional demand for tokenized belongings, although the market has but to see widespread adoption past pilot applications. Conventional asset managers stay cautious about transferring vital belongings onchain resulting from regulatory uncertainty and operational complexity.
