Wall Street 2.0: Ondo Finance Seals Groundbreaking Alliance Between Banking and Tokenization
Key Takeaways
- The alliance between Ondo Finance, BlackRock, and the White House is set to revolutionize financial markets by tokenizing stocks using blockchain technology.
- This movement signifies a profound shift in the global financial sector towards a more integrated and digitized ecosystem.
- The tokenization of traditional financial instruments allows 24/7 trading of assets and aims to bring greater transparency and accessibility.
- The initiative plans on extending its reach globally, with Europe being a specific focus under established legal frameworks.
- The collaboration indicates a paradigm shift in Wall Street’s approach, integrating blockchain as a pivotal tool for modern finance.
WEEX Crypto News, 2026-02-19 09:43:10
A New Dawn: Tokenization Meets Wall Street
In a significant development, an innovative alliance led by Ondo Finance, BlackRock, and the White House aims to bridge the gap between traditional banking systems and cutting-edge blockchain technology. Dubbed “Wall Street 2.0,” this alliance marks a pivotal moment in financial history by facilitating the tokenization of major stocks, including giants like Apple and Tesla. This advancement enables the trading of these stocks via blockchain technology round-the-clock, thus reshaping the very fabric of financial markets.
The Ondo Summit held on February 3rd in New York underscored this groundbreaking transition. At its core, the summit highlighted the digitization of tangible assets through blockchain, previously a privilege enjoyed only by large-scale financial institutions. This digital metamorphosis opens up immense possibilities, allowing anyone with a digital wallet to access high liquidity markets, thus democratizing investment avenues.
The backing of influential figures from the White House and leading global capital management entities lends unprecedented credibility to this initiative. In its initial phase alone, the movement has locked $550 million in total value while achieving transaction volumes surpassing $9.000 billion in verified dealings.
Revolutionizing US Stock Market with Blockchain
A significant milestone at the summit was the announcement of perpetual derivatives on major North American stocks. Under this innovative setup, tech stalwarts like Apple, Nvidia, and Tesla are now tradeable via digital assets, available at any time, every day. This upheaval eradicates the traditional limitations imposed by stock market hours, infusing flexibility that was previously unimaginable.
Increased leverage is another highlight, with traders being able to amplify their exposure up to 20 times their initial investments. This transformative feature allows users to benefit from market movements without the need for a colossal upfront capital commitment.
The architecture relies on a decentralized framework that assures every transaction is transparently auditable in real-time. Thanks to distributed ledger technology, each contract is reliably backed, minimizing counterparty risk and bolstering security for token holders.
Wall Street Solidifies Its Commitment to Tokenization
The gathering of high-profile figures at the summit underscored the strategic significance of asset tokenization in modern finance. With representation from the White House Digital Assets Advisory Council, it was evident that tokenization is not a fleeting trend but a substantiated strategy aligned with the broader economic fabric.
Patrick Witt emphasized the natural integration of this technology into the global economy’s structure, benefiting every participating entity. BlackRock’s executives echoed these sentiments, outlining ambitious plans to manage trillions in asset value through this technological marvel.
The summit’s roster of attendees, including executives from Goldman Sachs, Fidelity, and WisdomTree, illustrated that the industry sees this not merely as a startup’s experiment but a calculated move towards modernizing financial asset custody and trading on an international level.
A Vision for a Global Market Integration
The drive to create a seamless capital market transcends mere national ambition. There are active moves to broaden this model into Europe, leveraging Liechtenstein’s reliable regulatory framework to guarantee compliance and transparency. This strategic expansion ensures that users in the European Economic Area can access a plethora of digital assets under a harmonized legal umbrella.
The conclusion of the summit in New York made it clear that interactions between traditional banking and blockchain infrastructure have matured significantly. Not confined to theoretical discussions, this initiative now presents tangible products supported by verifiable data. Individuals can trade digital assets like Tesla and Nvidia stocks, benefitting from institutional backing and governmental endorsements.
This paradigm shift in capital markets has successfully demystified financial management for everyday users, offering opportunities that were once exclusively accessible by Wall Street’s elite. The integration of regulation, transparency, and decentralization within a unified financial ecosystem has unfolded new chapters in wealth management and investment accessibility.
Embracing the Future with WEEX
As these advancements continue to unfold, platforms like WEEX are well-positioned to harness this blockchain revolution. By aligning with this ethos of transparency and innovation, such platforms can enhance their credibility and offer their users a glimpse into the future of digital finance. As blockchain technology bridges the gap between traditional finance and the digital frontier, WEEX stands as a testament to the enduring impact of innovation in reshaping financial landscapes.
Frequently Asked Questions
What is the significance of the alliance between Ondo Finance, BlackRock, and the White House?
The alliance between Ondo Finance, BlackRock, and the White House aims to tokenize traditional assets using blockchain technology, making financial markets more accessible, transparent, and efficient. This collaboration highlights a significant step towards integrating traditional finance with decentralized technology.
How will the tokenization of stocks like Apple and Tesla impact investors?
Investors will now have the opportunity to trade stocks like Apple and Tesla 24/7, without the conventional constraints of market hours. This new approach allows for greater flexibility, enhanced liquidity, and the potential for leveraged exposure to market movements.
Why is blockchain technology crucial for modern finance according to the summit?
Blockchain technology is pivotal for modern finance due to its ability to provide transparency, reduce counterparty risk, and improve transaction security. By leveraging blockchain, financial markets can operate with greater efficiency, removing the need for complex intermediaries.
What are the future prospects of expanding these digital asset services to Europe?
The expansion into Europe aims to establish a harmonized regulatory framework, ensuring compliance and offering users access to a wide array of digital assets. This move signifies a strategic effort to create a truly unified global capital market.
How does the integration of blockchain technology benefit traditional banking systems?
Integrating blockchain technology with traditional banking provides operational efficiency, reduces settlement times, and enhances security. This amalgamation modernizes financial instruments and accessibility, fundamentally transforming the banking ecosystem to meet contemporary needs.
In conclusion, this alliance represents a revolutionary leap forward in the financial industry, uniting the old and the new, and setting the stage for a future where global finance is more inclusive, transparent, and resilient than ever before.
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Sun Valley Releases 2025 Financial Report: Bitcoin Mining Revenue Reaches $670 Million, Accelerating Transformation to AI Infrastructure Platform
On March 16, 2026, in Dallas, Texas, USA, CanGu Company (New York Stock Exchange code: CANG, hereinafter referred to as "CanGu" or the "Company") today announced its unaudited financial performance for the fourth quarter and full year ended December 31, 2025. As a btc-42">bitcoin mining enterprise relying on a globally operated layout and dedicated to building an integrated energy and AI computing power platform, CanGu is actively advancing its business transformation and infrastructure development.
• Financial Performance:
Total revenue for the full year 2025 was $688.1 million, with $179.5 million in the fourth quarter.
Bitcoin mining business revenue for the full year was $675.5 million, with $172.4 million in the fourth quarter.
Full-year adjusted EBITDA was $24.5 million, while the fourth quarter was -$156.3 million.
• Mining Operations and Costs:
A total of 6,594.6 bitcoins were mined throughout the year, averaging 18.07 bitcoins per day; of which 1,718.3 bitcoins were mined in the fourth quarter, averaging 18.68 bitcoins per day.
The average mining cost for the full year (excluding miner depreciation) was $79,707 per bitcoin, and for the fourth quarter, it was $84,552;
The all-in sustaining costs were $97,272 and $106,251 per bitcoin, respectively.
As of the end of December 2025, the company has cumulatively produced 7,528.4 bitcoins since entering the bitcoin mining business.
• Strategic Progress:
The company has completed the termination of the American Depositary Receipt (ADR) program and transitioned to a direct listing on the NYSE to enhance information transparency and align with its strategic direction, with a long-term goal of expanding its investor base.
CEO Paul Yu stated: "2025 marked the company's first full year as a bitcoin mining enterprise, characterized by rapid execution and structural reshaping. We completed a comprehensive adjustment of our asset system and established a globally distributed mining network. Additionally, the company introduced a new management team, further strengthening our capabilities and competitive advantage in the digital asset and energy infrastructure space. The completion of the NYSE direct listing and USD pricing also signifies our transformation into a global AI infrastructure company."
"As we enter 2026, the company will continue to optimize its balance sheet structure and enhance operational efficiency and cost resilience through adjustments to the miner portfolio. At the same time, we are advancing our strategic transformation into an AI infrastructure provider. Leveraging EcoHash, we will utilize our capabilities in scalable computing power and energy networks to provide cost-effective AI inference solutions. The relevant site transformations and product development are progressing simultaneously, and the company is well-positioned to sustain its execution in the new phase."
The company's Chief Financial Officer, Michael Zhang, stated: "By 2025, the company is expected to achieve significant revenue growth through its scaled mining operations. Despite recording a net loss of $452.8 million from ongoing operations, mainly due to one-time transformation costs and market-driven fair value adjustments, the company, from a financial perspective, will reduce its leverage, optimize its Bitcoin reserve strategy and liquidity management, introduce new capital to strengthen its financial position, and seize investment opportunities in high-potential areas such as AI infrastructure while navigating market volatility."
The total revenue for the fourth quarter was $1.795 billion. Of this, the Bitcoin mining business contributed $1.724 billion in revenue, generating 1,718.3 Bitcoins during the quarter. Revenue from the international automobile trading business was $4.8 million.
The total operating costs and expenses for the fourth quarter amounted to $4.56 billion, primarily attributed to expenses related to the Bitcoin mining business, as well as impairment of mining machines and fair value losses on Bitcoin collateral receivables.
This includes:
· Cost of Revenue (excluding depreciation): $1.553 billion
· Cost of Revenue (depreciation): $38.1 million
· Operating Expenses: $9.9 million (including related-party expenses of $1.1 million)
· Mining Machine Impairment Loss: $81.4 million
· Fair Value Loss on Bitcoin Collateral Receivables: $171.4 million
The operating loss for the fourth quarter was $276.6 million, a significant increase from a loss of $0.7 million in the same period of 2024, primarily due to the downward trend in Bitcoin prices.
The net loss from ongoing operations was $285 million, compared to a net profit of $2.4 million in the same period last year.
The adjusted EBITDA was -$156.3 million, compared to $2.4 million in the same period last year.
The total revenue for the full year was $6.881 billion. Of this, the revenue from the Bitcoin mining business was $6.755 billion, with a total output of 6,594.6 Bitcoins for the year. Revenue from the international automobile trading business was $9.8 million.
The total annual operating costs and expenses amount to $1.1 billion.
Specifically, they include:
· Revenue Cost (excluding depreciation): $543.3 million
· Revenue Cost (depreciation): $116.6 million
· Operating Expenses: $28.9 million (including related-party expenses of $1.1 million)
· Miner Impairment Loss: $338.3 million
· Bitcoin Collateral Receivable Fair Value Change Loss: $96.5 million
The full-year operating loss is $437.1 million. The continuing operations net loss is $452.8 million, while in 2024, there was a net profit of $4.8 million.
The 2025 non-GAAP adjusted net profit is $24.5 million (compared to $5.7 million in 2024). This measure does not include share-based compensation expenses; refer to "Use of Non-GAAP Financial Measures" for details.
As of December 31, 2025, the company's key assets and liabilities are as follows:
· Cash and Cash Equivalents: $41.2 million
· Bitcoin Collateral Receivable (Non-current, related party): $663.0 million
· Miner Net Value: $248.7 million
· Long-Term Debt (related party): $557.6 million
In February 2026, the company sold 4,451 bitcoins and repaid a portion of related-party long-term debt to reduce financial leverage and optimize the asset-liability structure.
As per the stock repurchase plan disclosed on March 13, 2025, as of December 31, 2025, the company had repurchased a total of 890,155 shares of Class A common stock for approximately $1.2 million.

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