Gate News Report, March 12 — According to on-chain analyst Yu Jin's monitoring, early this morning, the Ondo Finance multi-signature wallet transferred 10 million ONDO tokens (approximately $2.58 million) to a certain CEX. Previously, half a month ago, this multi-signature wallet transferred 24.475 million ONDO tokens (approximately $6.12 million) to the same exchange.

Research firm Castle Labs指出，approximately $69 trillion of the U.S. stock market is becoming an important testing ground for digital asset development, with tokenized stocks moving from experimental phase to market application. Blockchain technology is enhancing trading methods and participation models, and traditional financial giants are beginning to pay attention to this trend, believing that a unified blockchain network will improve financial efficiency. Several projects such as Ondo, xStocks, and Hyperliquid are playing key roles in promoting stock tokenization, demonstrating the future growth potential of this market.