There aren't enough secondary markets that support tokenized assets, and they come with risks, the ratings company said.

The latest price moves in bitcoin (BTC) and crypto markets in context for April 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The aim is to offer banks and large institutions a gateway to decentralized finance on Aptos.

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24.

Introducing Ondo Finance's offerings to Cosmos "will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments," Ondo's founder Nathan Allman said.