#ondo finance Tech News.
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Ondo Finance hired former Invesco ETF executive John Hoffman as managing director and head of product portfolios. Hoffman will lead the firm's expansion from tokenized individual assets into managed onchain investment portfolios and strategies. Tokenized assets have surpassed $30 billion.
Roqqu, a Nigerian crypto exchange, partnered with Ondo Finance to offer tokenised US stocks and ETFs to retail investors. The product launches June 29. Tokenised stocks settle faster and trade outside market hours. Ondo Finance holds $2.72 billion in tokenised assets with over 18,000 users.
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