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Coinbase-backed Ondo Finance opens Asia Pacific office, ONDO token up 73%

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Ondo Finance, backed by Coinbase, expands into Asia Pacific, capitalizing on 73% weekly ONDO token surge. Company opens its first APAC office and appoints Ashwin Khosa as VP for Business Development in the region. The strategic move aligns with Ondo’s dominant position in tokenized securities, targeting APAC’s digital asset fervour. Ondo Finance, a prominent US-based issuer of token ized securities backed by Coinbase, is making headlines with its strategic expansion into the Asia Pacific region. This move comes amidst a remarkable 73% weekly surge in the value of its ONDO token, showcasing the platform’s growing influence. The company’s entry into the dynamic APAC market is set to capitalize on the region’s fervent interest in digital assets, fueled by a thriving crypto community and evolving regulatory frameworks. Ondo Finance’s footprint in Asia Pacific While officially announcing its strategic expansion into Asia Paci...

Crypto Twitter thinks it knows what SBF was doing at DoJ offices

Crypto Twitter is speculating that former FTX chief Sam Bankman-Fried (SBF) could be cooperating with the Department of Justice (DoJ) on a number of current and pending crypto-related investigations. The rumor mill went into overdrive when SBF was seen — and photographed — walking near the office of the Southern District New York DoJ. The curly-haired ex-billionaire is currently under house arrest and is only allowed to venture outside to meet with his attorney or the authorities. Given that it’s highly unusual for defendants to meet with prosecutors, for many, the only logical explanation (if he’s not meeting his own lawyers) is that he’s likely turned state’s evidence. Even before the photographs hit Twitter, s US picions had been aro US ed when attorneys filed new documents relating to an ongoing case that was launched by several investors against Bitfinex and Tether. Hey there little fella @SBF_FTX What are you up to bud? pic.twitter.com/EbcBSi16ZF — Arbitra...