Saturn and Ondo collaborate to launch the tokenized stocks of STRC product
2026-08-14 01:02:43
According to CoinMeta, Saturn announced a partnership with Ondo to incorporate their tokenized stock STRCON and other securities into products based on STRC, while also receiving strategic investment from that tokenization company. Saturn stated that this agreement will introduce Ondo's “institutional-level tokenized assets” into structured products built around their variable-rate Series A perpetual preferred stocks, which trade on NASDAQ under the code STRC. Saturn has not yet disclosed the amount of investment, valuation, form of investment, or any equity obtained by Ondo. According to earlier reports, the market value of Saturn's SUSDAT reached approximately $100 million in early June.
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Source:Cryptonews
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