Ondo Finance is considering an acquisition deal ranging from $250 million to $500 million, with potential targets covering companies in the wealth technology sector, though no formal advisors have been retained so far. Ondo responded that the company will keep evaluating market opportunities in daily operations and has not entered into negotiations with any counterparties at present.

Founded in 2021, Ondo Finance mainly offers on-chain financial products such as tokenized US Treasury bonds and equities, with total assets under management exceeding $2.5 billion to date.