Ondo Finance Acquires Strangelove, Partners with Bitget Wallet to Advance Tokenized Asset Ecosystem

Ondo Finance has acquired blockchain infrastructure firm Strangelove to bolster its technological capabilities and accelerate its mission of modernizing global capital markets through decentralized networks.

The acquisition is part of Ondo’s broader strategy to lead the rapidly expanding RWA market — projected to reach nearly $18.9 trillion by 2033.

Strangelove brings deep expertise in building modular blockchain infrastructure, including interoperability protocols and software development kits (SDKs). This acquisition will enhance Ondo’s ability to scale its suite of tokenized financial products across multiple blockchain ecosystems.

As part of the deal, Strangelove CEO Jack Zampolin will join Ondo as Vice President of Product, leveraging his experience in protocol design and Layer 1 development to drive the firm’s product roadmap.

Building a Full-Stack RWA Platform

This acquisition marks another milestone in Ondo’s mission to establish a full-stack RWA platform that integrates technical scalability with regulatory compliance.

Earlier this month, Ondo partnered with Pantera Capital to launch the $250 million Ondo Catalyst Fund, which will invest in tokenized asset projects. The company also acquired Oasis Pro in July, an SEC-registered broker-dealer, to expand its capabilities in issuing tokenized securities to U.S. investors.

“This acquisition reinforces our commitment to building the foundational infrastructure to bring financial markets onchain,” said Nathan Allman, CEO of Ondo Finance.

By combining Strangelove’s engineering capabilities with Oasis Pro’s regulatory expertise, Ondo is building a proprietary blockchain infrastructure tailored for tokenized financial instruments — ensuring security, compliance, and interoperability.

Further extending its reach, Ondo has also partnered with Bitget Wallet with over 80 million global users. The collaboration will bring tokenized stocks, ETFs, and other assets to Bitget Wallet users when the offering launches later this summer. This integration enables Bitget Wallet users to self-custody and transfer tokenized financial products.

Positioning to Shape the Future of Tokenized Finance

With Strangelove’s integration, Ondo aims to set new standards in the RWA sector for assets such as real estate, bonds, and commodities. The firm is addressing critical challenges like cross-chain operability and liquidity fragmentation by developing omnichain financial products that enable seamless asset issuance and transfer across multiple networks.

“Strangelove was founded to build secure, modular blockchain infrastructure,” said Jack Zampolin. “We’re excited to bring that vision to life at Ondo and help shape the next generation of onchain capital markets.”

As institutional interest in tokenized assets accelerates — fueled by a more than 260% surge in RWA market value during the first half of 2025 — Ondo’s integrated approach places it at the forefront of this financial evolution.