Ondo Finance announces acquisition of Strangelove to accelerate full-stack RWA platform development

BlockBeats News, July 14th, according to official sources, Ondo Finance announced the acquisition of Strangelove to accelerate the full-stack RWA platform development.

The official statement indicated that this acquisition will significantly enhance Ondo's engineering and product capabilities, providing strong support for the construction of large-scale on-chain RWA infrastructure. The Strangelove team has a successful track record of developing production-level infrastructure in multiple blockchain ecosystems, with their technical contributions covering areas such as interoperability protocols, SDK frameworks, and custom chain deployments. As part of the acquisition agreement, former CEO of Strangelove, Jack Zampolin (@jackzampolin), will join Ondo Finance as Vice President of Product. Through this strategic acquisition, Ondo has further strengthened its position as the only full-stack asset tokenization platform with integrated capabilities in cross-chain asset issuance, protocol design, and blockchain development.