Ondo is way more flexible than expected. Earlier this year, they made a big splash with a high-profile launch event for their RWA public chain. But after tokenized stock policies were loosened, Ondo quickly shifted focus from asset trading to upstream asset issuance, creating the 'Wall Street 2.0' platform for tokenizing stocks. They launched it first on Ethereum and have now expanded to the BNB Chain, while their own Ondo Chain hasn’t even been deployed yet. Since Ondo’s tokenized stock platform went live in September, its TVL has already hit $350 million in just one month, integrating with major CEXs and DEXs like OKX and Morpho. When it comes to payment chains, anyone can use them, but for payment assets, USDT and USDC are unavoidable. Similarly, RWA public chains themselves aren’t valuable—the real value lies in the RWA assets. Ondo’s strategy is to secure upstream control of RWA asset issuance and then rapidly expand downstream across various public chains and exchanges as distribution channels. While many projects are still stuck in the grand narrative of public chains, Ondo has already seen through it and proactively stepped out of the box. This tweet is exclusively sponsored by Ondo.