South Korean cryptocurrency exchange Upbit has announced the listing of Ondo Finance (ONDO), adding new trading pairs across multiple markets. Based on the Ethereum network, ONDO will be available for trading in Korean Won (KRW), Bitcoin (BTC), and USDT markets.
Key Details About ONDO Listing on Upbit
- Deposit/Withdrawal Opening: Enabled within 3 hours of the announcement.
Trading Schedule:
- USDT Market: June 14 at 15:00 (UTC+8)
- BTC Market: June 14 at 16:00 (UTC+8)
- KRW Market: June 14 at 17:00 (UTC+8)
👉 Discover how ONDO compares to other Ethereum-based assets
Why This Listing Matters for Ondo Finance
ONDO's inclusion on Upbit—one of Asia's largest exchanges—signals growing institutional adoption of real-world asset (RWA) tokenization projects. This follows Ondo Finance's recent $250 million strategic initiative with Pantera Capital to accelerate RWA innovation.
Key Advantages of ONDO:
- Institutional-Grade Infrastructure: Built for compliant asset tokenization
- Liquidity Expansion: Upbit's KRW market provides direct fiat on-ramps
- Ecosystem Growth: Part of Ondo's broader DeFi integration strategy
Trading Considerations for ONDO Investors
Before participating, traders should note:
- Volatility Patterns: New listings often experience significant price swings
- Market Differences: Liquidity may vary across KRW/BTC/USDT pairs
- Timing Strategies: Staggered market openings create arbitrage opportunities
👉 Learn advanced trading strategies for new token listings
FAQ: Ondo Finance (ONDO) on Upbit
Q: What blockchain does ONDO use?
A: ONDO operates on the Ethereum network (ERC-20 standard).
Q: When can I withdraw ONDO from Upbit?
A: Withdrawals typically open 1-2 hours after trading begins in each market.
Q: How does Upbit's listing affect ONDO's price?
A: While initial volatility is expected, long-term value depends on Ondo Finance's adoption metrics and RWA market growth.
Q: Are there trading fee discounts for ONDO?
A: Check Upbit's official fee schedule—new listings sometimes include promotional periods.
The Bigger Picture: RWA Tokenization Gains Momentum
This listing coincides with accelerating institutional interest in tokenized assets. Industry analysts suggest ONDO's Upbit debut could:
- Increase Asian market penetration
- Enhance liquidity for institutional investors
- Serve as a benchmark for other RWA projects seeking exchange listings
Note: Always conduct independent research before making investment decisions. Cryptocurrency trading involves substantial risk.