The Ondo tokenization platform is out. A rough look shows that it involves compliant trading within the platform, with platform accounts + whitelisted addresses, while stock tokens can be freely transferred on-chain. However, if the transfer is to a non-whitelisted address, it probably won't be tradable. Ondo Finance: The deployer has set up 104 types of stock tokens from July 23 to August 13 this year. The trading logic for users buying Ondo stock tokens is also quite interesting: 1. First, only USDC transactions are supported. 2. The USDC from whitelisted addresses of platform users will be exchanged for Ondo's stablecoin USDon (Ondo U.S. Dollar Token) during the transaction. 3. Then, the Null: 0x00…0000 address will mint the corresponding stock tokens to be purchased and transfer them to the whitelisted address. Selling works similarly; when selling stock tokens, they are sent to the Null: 0x00…0000 address for destruction, then exchanged through the USDon intermediary layer...
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