Ondo Expands Perps Collateral as Tokenized Stocks Gain a Second Use

Crypto Insight Summary: A tokenized stock can now remain part of a trader’s market exposure while funding a leveraged position. Selling it for USDC first is no longer required. Ondo Perps has added tokenized Circle (CRCLon), SpaceX (SPCXon) and SanDisk (SNDKon) as eligible collateral. Traders can retain exposure to those assets while using them to support perpetual futures Crypto Insight Analysis: Direction: Bullish ONDO Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Enhanced utility for tokenized stocks boosts Ondo's platform value.