Bankless · Thursday, July 2, 2026
Ian DeBode, CEO of Ondo Finance, envisions a future where tokenized stocks and perpetuals significantly transform asset and wealth management. He believes that by enabling tokenized assets as collateral on perp platforms, Ondo can achieve near 100% capital efficiency, fostering deeper liquidity and new strategies like the 'carry trade.' DeBode also anticipates OndoPerps, launching soon, will offer superior liquidity compared to existing platforms like Hyperliquid.
“I want to present the next 12 to 18 months, once all these building blocks are in place, which is more or less happening right now, people are going to dramatically innovate in how asset management and even wealth management is done, right? I think that really is the next frontier for all these tokenized stocks, ETFs, prediction markets, commodities, purpose platforms, and the like. How does that feed into asset management, wealth management, product strategies?”
“So we want to have on-to-perps, fully shipped, general availability with deep liquidity and grow that platform. And then in parallel, also launch these, you know, on those strategies or portfolio products, right? That third-party asset managers can leverage our platform or we can launch our own strategies to really start going after broader asset management and wealth management use cases. I think if we can put those three big building blocks together I'll be a very happy man by the end of 2026.”