ONDO Perps CEO highlights US opportunity for perpetual futures

Ondo Perps: Ondo Perps is a perpetual futures trading platform that provides non-U.S. traders with leveraged exposure to tokenized real-world assets including U.S. stocks, ETFs, and commodities. Built on technology developed by Ondo Finance, it supports multi-asset collateral including tokenized equities alongside stablecoins and recently introduced spot trading capabilities for select tokenized assets. In the news, its leadership highlights a significant opportunity to bring perpetual futures onshore in the U.S., while noting that any domestic offering would likely differ from the current offshore product. David Wells: David Wells serves as CEO of Ondo Perps, bringing experience from prior roles in crypto trading infrastructure. He oversees platform strategy and operations focused on capital-efficient derivatives for tokenized assets. In the reported interview, Wells emphasized the potential for U.S. perpetual futures markets and indicated Ondo Perps is evaluating entry while stressing differences in an onshore version. Product Integration: Recent platform updates have enabled seamless spot trading of tokenized assets directly usable as collateral for corresponding perpetual positions on the same venue. U.S. Market Opportunity: Industry discussions highlight regulatory distinctions that would shape any onshore perpetual futures offerings compared to existing offshore platforms.