Definition ∞ An Ondo Finance Partnership refers to a collaborative agreement between Ondo Finance, a decentralized finance protocol, and another entity, typically a traditional financial institution or a blockchain project. These collaborations aim to bridge conventional financial assets with decentralized finance, frequently involving the tokenization of real-world assets. They serve to expand the utility and market reach of both collaborating parties.
Context ∞ News concerning an Ondo Finance Partnership often highlights its implications for the expanding real-world asset (RWA) tokenization sector. Such alliances are considered critical steps towards integrating institutional capital into decentralized finance and broadening the types of assets available on blockchain networks, signaling increasing institutional acceptance of digital finance.