Ondo Finance to Launch Token Sale on Coinlist on May 12

Coinlist announced that it will launch a token sale for Ondo Finance ($ONDO) on May 12, with a total supply of 400 million tokens at a price of $0.055 per token, a 12-month lock-up from June 1, 2022, and a 6-month release period thereafter. Registration is open until 12:00 UTC on May 9. Previously, DeFi protocol Ondo Finance closed a $20 million Series A round led by Founders Fund and Pantera Capital, with participation from Coinbase Ventures, Tiger Global and others.