Weekly Tokenization Roundup: Bullish Buys Equiniti for $4.2B, Ondo Settles With JPMorgan, RWA Crosses $20B

The post ONDO Hits Fibonacci Ceiling. The Institutions Didn’t Get the Memo. appeared on BitcoinEthereumNews.com. ONDO sits at a critical Fibonacci zone as wave 4 resistance meets a surge of institutional RWA deals. Bull case or deeper pullback? Here is what the chart says. ONDO is trading around $0.42, wedged between two stories that do not quite agree with each other. The chart tells one version. The institutional partnership log tells another. The Chart Is Not Done Talking According to moretradingonl on X, ONDO has so far followed the preferred interpretation for a corrective rally in wave 4. The analyst noted that a decisive break above $0.598 would improve the outlook and open the door to more bullish interpretations. At the moment, the token is testing standard resistance for a wave 4 bounce. The 4-hour chart shows the current price action sitting inside a yellow resistance box between $0.37792 and $0.41519. That zone corresponds to the 38.2% and 23.6% Fibonacci retracement levels

ONDO sits at a critical Fibonacci zone as wave 4 resistance meets a surge of institutional RWA deals. Bull case or deeper pullback? Here is what the chart says. ONDO is trading around $0.42, wedged between two stories that do not quite agree with each other. The chart tells one version. The institutional partnership log […] The post ONDO Hits Fibonacci Ceiling. The Institutions Didn’t Get the Memo. appeared first on Live Bitcoin News.

JPMorgan AI spending has been reclassified from discretionary innovation to core infrastructure, placing it alongside data centers and cybersecurity in the bank’s budget. JPMorgan has reclassified JPMorgan AI investment as core infrastructure, treating its $2bn annual budget as non-negotiable as…

ONDO and JUP have stolen the show from the top 100 alts today.

A four-firm pilot settling the first cross-border, cross-bank redemption of tokenized U.S. Treasuries on the XRP Ledger extended a rally sparked by Ondo's seat at the DTCC’s tokenization table.

The pilot linked XRPL to global banking infrastructure, enabling institutions to execute cross-border transactions in a single, integrated flow.

Dimon and Fink upbeat in separate comments about demand for the technology as Wall Street funds sector’s spending

Bullish has agreed to acquire Equiniti from Siris in a $4.2 billion stock-and-debt transaction. The deal combines Bullish’s tokenization infrastructure with Equiniti’s transfer agent platform serving around 20 million shareholders. Bullish is making a fairly serious move into the less visible parts of traditional finance. The crypto exchange has agreed to acquire Equiniti, a global [...]