Ondo wants to rebuild prime brokerage on-chain — and perps are the first step

Ondo has set its sights on revolutionizing the prime brokerage landscape by transitioning it to an on-chain model, and it sees the introduction of perpetual contracts (perps) as the initial step in this ambitious journey. By leveraging blockchain technology, Ondo aims to enhance transparency, efficiency, and accessibility within the realm of prime brokerage, starting with the implementation of perps to provide a more innovative and streamlined trading experience for its users. source: https://www.coindesk.com/coindesk-news/2026/02/06/ondo-wants-to-rebuild-prime-brokerage-on-chain-and-perps-are-the-first-step