Odaily reported that Ondo Finance has employed John Hoffman, a former Invesco ETF government and Grayscale managing director, aiming to develop its tokenized funding merchandise past equities and treasuries.
John Hoffman will function managing director and head of product portfolio, specializing in constructing and distributing tokenized portfolios, together with funding portfolios co-developed with asset administration companies and techniques constructed round Ondo’s current merchandise. This transfer signifies Ondo Finance’s plan to transcend single-asset tokenization and shift in direction of managed funding merchandise on the blockchain. The present market measurement of tokenized property has exceeded $30 billion. (CoinDesk)
