Ondo Finance launched the Ondo Network, an execution layer presented as the evolution of its original vision for Ondo Chain, the blockchain it had planned to build for real-world assets. The first version is already live, though the company specified that it is not yet a full blockchain. The architecture relies on hardware enclaves for private, high-speed execution, decentralized attestors for verifiability, and public blockchains for asset transfer settlement. Ondo Perps, a perpetual futures platform, is the first application built on this network.
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