Decentralized exchange platform PancakeSwap has officially joined the Global Markets Alliance, formed by Ondo Finance. This alliance is designed to accelerate the adoption of real-world assets (RWAs) into the public blockchain ecosystem.
Assets such as stocks and ETFs will be able to be offered on-chain, and PancakeSwap is believed to play a crucial role in providing liquidity and expanding global financial market access to the DeFi world.
The Global Markets Alliance itself is more than just a collaboration. It brings together several major parties, including digital asset exchanges, custodians, wallet providers, and leading blockchain networks.
They aim to establish common standards for the tokenization of financial assets, making them more accessible to retail and institutional investors through open blockchain infrastructure. With PancakeSwap’s reputation as the largest DEX in the BNB Chain ecosystem, its presence in this alliance clearly strengthens Ondo Finance’s position in expanding the tokenization market.
PancakeSwap’s role will focus on providing secondary markets and liquidity for tokenized assets. This means that stocks or ETFs that have been converted into tokens can then be traded directly through PancakeSwap.
Furthermore, investors can also utilize these assets in various DeFi features such as staking, liquidity farming, or even as collateral in lending protocols.
This integration paves the way for users to access traditional investment instruments without having to leave their familiar crypto ecosystem.
However, the technical details regarding PancakeSwap’s participation have not yet been fully disclosed. Ondo Finance has so far emphasized that every token they launch is backed by real assets and supervised by a licensed custodian and broker-dealer.
This approach demonstrates their commitment to maintaining legitimacy and compliance with strict traditional market regulations.
On the other hand, in early October, CNF reported that PancakeSwap also introduced CAKEPAD, a multi-chain launch platform that provides early access to new tokens without long-term lock-in obligations.
Analysts believe this move strengthens the fundamentals of the CAKE ecosystem and increases institutional confidence. Unsurprisingly, many see CAKE as being on a potential path to a major breakout.
Furthermore, PancakeSwap is also demonstrating its technological ambition by expanding its reach to other networks. In early July, the team launched PancakeSwap V3 on Solana, which features concentrated liquidity and ultra-low fees of just 0.01% per transaction.
Through this innovation, liquidity providers on Solana can optimize their capital and earn 84% of total trading fees. This move demonstrates PancakeSwap’s focus not only on expansion but also on efficiency and user experience.
With these steps, PancakeSwap appears to be laying a strong foundation to become a major player in the new era of RWA-based DeFi.
]]>