Founders Fund, Pantera Invest in DeFi Investment Bank Ondo Finance


The token will provide voting rights in the DAO, which will include the ability to control smart contract components and dictate certain strategic decisions, such as partnerships with chains and stablecoins. The tokens will initially be non-transferable globally, meaning the tokens cannot be sold on a secondary market, Allman told CoinDesk, in part to give Ondo time to set up cash mining to support adoption.