The popular real-world asset tokenization coin, Ondo Finance (ONDO), experienced a 10% rise in its price on Friday, making it one of the top gainers in the market. This increase can be attributed to Larry Fink, the head of BlackRock, pressing the Securities and Exchange Commission to approve tokenized stocks and bonds. BlackRock, which currently holds over $640 million in assets through its BUIDL product, has partnered with Ondo Finance for its Short-Term US Government Treasuries product. The upcoming Ondo Summit, scheduled for February 6, has also fueled speculation and optimism among investors. Technical analysis suggests that ONDO is likely to continue its upward trajectory, with a target price of $2.1430, representing a 45% gain, but this outlook would be invalidated if the price drops below the support level at $1.0950.



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