TL;DR
- Ondo Finance acquired Strangelove, a company specialized in modular and open-source blockchain infrastructure, to strengthen its technical capabilities.
- The acquisition aims to accelerate the tokenization of real-world assets such as stocks, private bonds, and real estate.
- Jack Zampolin, Strangelove’s CEO, joins Ondo as Vice President of Product to lead the development of interoperable solutions and the launch of a proprietary network.
Ondo Finance completed the acquisition of Strangelove, a developer specialized in modular and open-source blockchain infrastructure.
The deal seeks to enhance its technical capacity to speed up the integration of real-world assets into decentralized networks, a market that expanded significantly in 2025 with the tokenization of stocks, private bonds, and real estate.
Strangelove has expertise in designing and deploying interoperability protocols, SDKs, and validators across multiple ecosystems. Its team contributed to building scalable infrastructure solutions for layer 1 networks and projects focused on tokenized asset issuance. With this acquisition, Ondo adds essential technical resources to its roadmap and solidifies a unique position by combining omnichain issuance, protocol development, and blockchain infrastructure operation within a single structure.
The agreement follows shortly after Ondo and Pantera Capital announced a joint $250 million investment to fund real-world asset initiatives. Additionally, the firm recently completed the acquisition of Oasis Pro, gaining access to a SEC-registered broker-dealer license, a strategic asset for operating tokenized assets in the U.S. market.
Ondo Finance Aims to Capitalize on One of the Most Promising Markets
As part of the acquisition, Jack Zampolin, founder and CEO of Strangelove, will join Ondo Finance as Vice President of Product. His experience covers leading development for layer 1 chains, interoperability solutions, and go-to-market strategies. This appointment aims to accelerate the rollout of interoperable financial products on blockchain and advance the infrastructure for launching a proprietary network.
The interest in bringing traditional assets onto blockchain is clear across many companies. A report by Ripple and Boston Consulting Group projects the tokenized asset market could surpass $18 trillion by 2033. The compannyy aims to capitalize on this expectation with a platform capable of offering omnichain issuance, scalable infrastructure, and interoperable financial products on a global scale.
