Ondo Perps launches spot trading for Ondo Stocks

The wall between Wall Street and crypto has crumbled. You can now trade tokenized versions of NVIDIA, Tesla, and the S&P 500 permissionlessly outside the US and use those very stocks as collateral to short their own futures. This "onchain prime brokerage" makes traditional, siloed trading accounts look like relics by letting a single dollar fund both a spot purchase and a hedge simultaneously. Is this the ultimate capital efficiency, or a regulatory disaster waiting to happen?
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