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Ondo Finance expands tokenized stock access via RoqquPay
Ondo Finance is expanding its reach in the real-world asset tokenization sector through a new integration with RoqquPay. This collaboration allows over 2 million RoqquPay users to access Ondo Stocks, which provide tokenized access to various global stocks and ETFs.
On the market front, ONDO is currently experiencing a period of consolidation. Analysts note that the price is trading within a range between support at $0.345 and resistance near $0.360. A breakout above $0.360 could potentially drive the price toward $0.375.
Recent on-chain activity showed a team-linked wallet depositing approximately 4.019 million ONDO tokens, valued at roughly $1.4 million, into Coinbase. While this increased exchange supply, broader market trends showed net outflows of approximately $1.09 million on August 9, suggesting that exchange withdrawals have been offsetting incoming supply.