ONDO Flat on MetaMask Tokenized Securities Integration Following 37% Monthly Drop
Summary
Ondo Finance announced a significant integration with MetaMask, allowing users in supported jurisdictions to buy, hold, and trade tokenized US stocks and ETFs directly within the popular self-custodial wallet via Ondo Global Markets tokens acquired with USDC.
Despite this technical milestone, the ONDO token showed no positive movement, continuing a sharp monthly decline of over 37%. This muted reaction is largely attributed to severe geographic restrictions, which exclude major financial markets like the US, EEA, UK, Canada, and Japan, limiting the service's addressable market.
The article notes that this price stagnation aligns with a broader trend in the Real-World Asset (RWA) sector, where governance tokens often struggle despite sector growth, as capital flows into institutional products or alternative DeFi yields rather than directly benefiting token holders.
(Source:BeInCrypto)