Among the top 100 tokens by market cap, Canton Network’s CC token logged the second-highest gain, trailing Ondo Network’s ONDO token, which rose 9%. ONDO has also surged, benefiting from its leading position in real-world asset tokenization, a trend underscored by news earlier this week of a Franklin Templeton partnership for tokenizing traditional assets.
Among the top 100 tokens by market cap, ONDO rose about 9%, leading the group. Canton Network’s CC token posted the second-highest gain, trailing ONDO. The outperformance underscores ONDO’s momentum in the real-world asset tokenization space. ONDO’s strength reflects its leadership in real-world asset tokenization, a trend underscored by news earlier this week of a Franklin Templeton partnership to tokenize traditional assets.
This partnership has highlighted the potential of asset-backed tokens to drive demand within crypto markets. The move comes as macro headwinds persist, keeping sentiment cautious across broader markets. Investors continue to monitor tokenized assets as a growth area within crypto, with ONDO and peers positioned to benefit from ongoing demand for real-world collateralized tokens.
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