Latest news with #Ondo
BBC News
2 days ago
- Business
- BBC News
Lagos power outage - which areas e go affect and wetin you fit do about am
Di Nigerian Electricity Regulatory Commission, NERC and di Nigeria Independent System Operator, NISO don gree make di Transmission Company of Nigeria, TCN upgrade one of dia 30kV lines wheeling bulk power. Dem wan install Optical Ground Wire (OPGW) fibre cable for di Omotosho/Ikeja West 330kV transmission line. Dis na di places wey go dey affected from di 28th of July to di 21 of August from 8am to 5pm. Even Eko Electricity Distribution Company (EKEDC) say dia customers go experience irregular power supply sake of di maintenance work TCN wan carry out on di Omotosho – Ikeja West 330kV transmission line, but dem no tok dis exact areas wey go dey affected. So how pipo wan take deal wit di nine hours of no light evriday for a month. All in all, na money e go take to really accomodate all di tins wey fit sup sake of dis light outage. Wetin TCN wan do wey dey make dem power off Di Disco companies explain say di reason for di partial blackout na sake of scheduled maintenance wey di Transmission Company of Nigeria wan do di Omotosho-Ikeja West 330kv powerline, and di maintenance go affect di load shedding across dia networks. Di maintenance go involve upgrade of operations for Omotosho–Ikeja West 330kV transmission area, and dis na one important power transmission channel for Nigeria power grid system. Di line dey serve as key conduit between di Omotosho Power Station for Ondo State and Ikeja West, wey be major power transmission hub for Lagos State. Ikeja Electric and EKEDC don inform residents within dis coverage areas to expect load management measures throughout di maintenance period, wey fit affect residential, commercial, and industrial during working hours. For Lagos residents during di peak hour wen power supply go dey dem go need to schedule dia activities and business around di blackout.
Economic Times
10-07-2025
- Business
- Economic Times
Cryptocurrency: Five tokens priced below $1 to watch in July 2025
Advertorial Spotlight Wire As we enter the second half of 2025, crypto markets are heating up again. Both retail and institutional investors are seeking to acquire low-priced tokens. For investors seeking asymmetric opportunities under $1, a new group of tokens is gaining popularity due to the strong fundamentals, community-driven stories, and innovative use-case development. Here are five tokens that are worth less than $1 that you should watch in July 2025. Little Pepe (LILPEPE) The meme coin craze is back, but this time, it comes with real infrastructure. Little Pepe (LILPEPE) isn't just another frog-themed coin; it's the first Layer-2 blockchain that leverages memes, combining the popularity of memes with technology that helps Ethereum scale. LILPEPE is currently in stage four of its presale and costs only $0.0013. This is one of the best times for early adopters to get in on the action, as it has the potential to reap rich dividends for early adopters. There is no denying that the momentum is strong, with more than $3.7 million already raised and 85.39% of stage four tokens sold. But what is it about LILPEPE that makes it special? No taxes on buying or selling High-speed Layer-2 throughput Technology that stops snipers A place for new token initiatives to launch memes $777,000 in prizes for early supporters in the community LILPEPE's plan for the next 12 months includes CEX listings, full deployment of Layer-2 chains, staking, and meme-powered decentralised finance (DeFi). Buy early here: Become a member of the Telegram community: Sign up for the $777,000 prize at is your chance to get back on track if you missed Dogecoin in 2013 or SHIB in 2020. Ondo (ONDO)One of the up-and-coming companies in the tokenisation and real-world asset (RWA) field is Ondo Finance. The price of ONDO is $0.7793. It is the governance token for a protocol that aims to make traditional financial products, such as US Treasuries, available on-chain. Ondo's products are popular with institutions that seek to generate revenue without leaving the blockchain, and the company's market valuation exceeds $2.4 billion. It's an excellent choice for July 2025, especially since the concept of tokenisation is gaining traction in both traditional finance (TradFi) and DeFi. Arbitrum (ARB) Although the market has cooled off, Arbitrum (ARB) remains one of the top Layer-2 scaling solutions for Ethereum. The ARB token is currently priced at $0.3324, but it may increase significantly if Layer-2 usage rebounds with the next Ethereum bull run. Arbitrum has the highest TVL of any rollup. With native DAO governance, community-driven award programmes, and DeFi connections, ARB is still a fundamental infrastructure investment at a low price. Ethena (ENA) Ethena (ENA) has quickly established a reputation in the synthetic dollar and yield markets. ENA is what makes the Ethena Protocol work, allowing people to earn steady, high returns on USDe, a synthetic dollar backed by ETH derivatives. ENA is now worth $0.2655. It features solid tokenomics and works well with the best Ethereum protocols. Ethena is an excellent choice for investors who want low-volatility dividend exposure and token growth. Algorand (ALGO) Algorand (ALGO), a well-known Layer-1 chain noted for its energy efficiency and relationships with businesses, is last on the list but still in the game. Algorand's infrastructure has been tested in various real-world applications, including smart contracts, DeFi apps, and CBDC pilots, across multiple nations. For only $0.1761, ALGO is a speculative long-term investment on a chain that could regain popularity if Layer-1 diversity becomes a significant issue again in five tokens have something valuable to offer. Still, Little Pepe (LILPEPE) stands out due to its low entry price, strong community support, and, most significantly, its unique blend of memetic virality with genuine Layer-2 blockchain value. LILPEPE could easily become the next meme tech revolution, with a presale price still at $0.0013 and long-term price projections as high as $0.26 (a 20,000%+ gain). There are only a few tickets left for the presale. Act now!Timing is crucial in crypto, and these five tokens under $1 could be the next big winners in July 2025. *You must be at least 18 years old to access this site. Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. 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Axios
03-07-2025
- Business
- Axios
Exclusive: Ondo and Pantera Capital earmark $250 million for real-world asset tokenization
Founder's Fund-backed Ondo Finance and crypto investor Pantera Capital plan to invest $250 million in real-world asset projects as tokenization hits a fevered pitch, the duo tells Axios exclusively. Why it matters: Tokenizing treasuries, stocks, and other assets is now the second hottest sector in crypto as the regulatory environment eases. Context: RWA tokenization grew from $5 billion in 2022 to over $24 billion by June 2025, according to data from Redstone — making it the second fastest-growing sector behind stablecoins, which is considered a kind of tokenization itself. Ondo, which also has backing from Pantera, has a focus on the space. Driving the news: Dubbed Ondo Catalyst, the $250 million will be spent on both equity stakes and project tokens, Ondo chief strategy officer Ian De Bode says. Crypto and traditional finance have been developing on parallel, but separate infrastructure in recent years. That's created gaps as the two seek to combine. "Traditional financial markets don't work 24/7 — but crypto markets do," says De Bode. "The types of services that you would want to see on chain ... requires a little bit of rewiring of how some of these DeFi protocols are built." Between the lines: Catalyst also aims to find projects that will make on-chain versions of the asset more attractive to users, compared to the underlying one. "Fundamentally, at some point, the question is going to be 'why would I hold my asset on chain versus off chain in a brokerage account?'" asks De Bode. "That ecosystem of applications needs to get built." De Bode believes on-chain brokerage accounts could rebalance automatically 24/7, becoming more real-time than their older counterparts. The bottom line: Coinbase, Robinhood, and Republic are all entering the tokenization fray — with some hoping the blockchain can eventually help cut out financial middlemen.
Yahoo
25-06-2025
- Business
- Yahoo
1 Key Reason to Buy XRP and Hold It for 10 Years or More
XRP's ledger is now home to a key asset offered by Ondo Finance. Institutional investors will now have access to U.S. Treasury bills on XRP's chain. That will leave the chain with better positioning against its key competitor. 10 stocks we like better than XRP › XRP (CRYPTO: XRP) is often pigeonholed as a somewhere between a meme coin and a generic payment rail on the blockchain, but the ledger's real ambitions are far quieter, and far greater. In short, one of its biggest opportunities in the coming years is turning traditional securities and assets into blockchain tokens that institutions can hold around the clock and easily swap with each other. That niche, once dismissed as futuristic, is starting to look like the next big thing since the invention of the bond market, as it would disrupt the traditional financial sector while energizing the crypto sector with a critical role in the global flow of assets. Investors who plant a flag on the right chain early enough could end up owning the digital ground floor of a multitrillion-dollar asset buildout. And there's reason to believe that XRP might be that chain, so let's take a look. A key catalyst for XRP hit on June 11 when a heavyweight of the real world asset (RWA) tokenization universe, Ondo Finance (CRYPTO: ONDO), set up shop on the XRP Ledger (XRPL). Financial institutions got an immediate way to park U.S. Treasuries on the chain, and investors got a preview of how much capital could follow such a move. In a nutshell, Ondo put its flagship $693 million Short-Term U.S. Government Treasuries fund on the XRP Ledger. Qualified investors can now mint and redeem those Treasuries 24/7 using Ripple's forthcoming stablecoin, eliminating the two-day settlement lag that still haunts conventional brokerages. Ripple is the business that issues XRP, and which is responsible for its development. Treasuries are an all-important asset for institutional investors (who are XRP's target users) because they're highly liquid, offer a yield, and are considered very safe assets. Pretty much all big banks and funds hold them in vast quantities, so if a blockchain can't support them, it's probably not one that these users are going to want to use. So why did Ondo pick XRP for its assets rather than stick with its longtime home, Ethereum? The answer is almost certainly compliance plumbing. Identity credentials and asset-freeze tools live at protocol level on XRP, with more plans to expand similar capabilities, so asset issuers can enforce know-your-customer (KYC) and anti-money-laundering (AML) rules without stitching together outside widgets like they would need to on Ethereum. And that turnkey model matters to chief financial officers and other financial leaders whose careers might end if they misfile a single form. Presently, XRP's bet to increase its integration with asset tokenizers appears to be working. As of this week the ledger hosts about $157 million in tokenized real-world assets, up 35% in a month. That is still tiny compared with Ethereum's footprint of $7.5 billion, but it shows institutions are willing to follow practical rails rather than hype. If more funds emulate Ondo's lead and tokenize assets like U.S. debt, money market funds, or even mortgage pools, the ledger would gain a powerful value flywheel, as every new asset would make the chain stickier for the next one and even more appealing to its target audience. Of course, the partnership is not a silver bullet. Competition is fierce, and Ethereum's decentralized finance (DeFi) sprawl still dwarfs everything else. But the playbook here is different. XRP is courting clients who value regulatory certainty over open-source experimentation. For investors, that strategic clarity lowers the odds of a permanent tech fork or regime change derailing the story. The importance of winning in asset tokenization could be enormous for XRP. Boston Consulting Group pegs the potential RWA market at roughly $16 trillion by 2030. Today's on-chain total is barely double-digit billions, so the runway is very long here -- perfectly long enough for investors with a 10-year time horizon for investments. If XRP captured even 1% of BCG's projection, about $160 billion of assets would anchor to the ledger, which is more than 1,000 times its current RWA base. Coin holders would see the value of their holdings increase dramatically, and perhaps permanently. That upside is partly structural. Real-world assets demand frictionless settlement, 24-hour liquidity, and immutable audit trails. XRP's core features, specifically its deterministic fees, built-in compliance flags, and no dependence on external smart contract sandboxes, are optimized for those priorities. The chain's governance, steered by Ripple, also reassures risk officers who like having a phone number to call if something breaks. Still, the chain's victory is far from assured. Regulators could impose hurdles to asset tokenization, rival chains could replicate the compliance stack or do it better, or institutions could decide that private blockchains meet their needs. Nonetheless, assuming the sector keeps compounding at a rapid pace, XRP's share does not need to be dominant to reward holders. Even a nibble of a trillion-dollar pool would translate into sustained demand for the native token, because issuers and market makers must hold XRP to pay transaction fees and provide liquidity. That demand, unlike speculative churn, grows alongside the real economy's asset base, which is exactly the kind of long-term linkage most cryptocurrencies lack. For patient investors, the investment thesis here is straightforward. Park capital in an asset like XRP that's leveraged to institutional adoption rather than to fickle investor enthusiasm, then let the next decade of capital markets modernization do the heavy lifting. As always, patience is mandatory, but so is recognizing when an inflection point has quietly passed, like now. Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $676,023!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,692!* Now, it's worth noting Stock Advisor's total average return is 793% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Alex Carchidi has positions in Ethereum. The Motley Fool has positions in and recommends Ethereum, Ondo, and XRP. The Motley Fool has a disclosure policy. 1 Key Reason to Buy XRP and Hold It for 10 Years or More was originally published by The Motley Fool Sign in to access your portfolio
The Age
20-06-2025
- Entertainment
- The Age
Sogumm is part of a new wave of venues reimagining home-style Korean cooking
Previous SlideNext Slide Sogumm, owned by Changhoon 'Kimi' Kim and his wife Suhyun 'Su' Kim (Gimlet, Hazel) is part of an emerging subset of Melbourne venues – including Chae and Ondo – that focus on the more understated strands of Korean cooking. Vegetarian bibimbap is Kimi's signature. Rice is seasoned with doenjang and topped with spinach, bean shoots, zucchini, mushrooms and a Korean mountain herb called chwinamul. Wagyu bibimbap is made with yukhoe, a raw beef dish similar to tartare, and seasoned with ganjang. Gomtang, a clear beef broth, is the sort of dish you'd love to eat when you're sick. With thinly sliced brisket, shin shank and beef tendon served over a mound of rice, it's a study in restraint, seasoned only with salt. The spicy cold noodle dish bibim guksu spotlights gochujang as a punchy contrast to abalone and calamari.
