TREE NEWS reports: Ondo Perps CEO David Wells said the US perpetual futures market presents a huge opportunity and that exploring it makes sense for Ondo, though he did not confirm whether the company will launch a perpetuals product in the United States. A US-facing perpetuals product could differ from what Ondo offers outside the country, he said.
Ondo Perps CEO Sees ‘Huge Opportunity’ in US Perpetuals Market
The significance is less about Ondo specifically than about a US-regulated venue openly weighing perpetuals, a product that has largely been pushed offshore. That framing matters for platforms already serving US users under tighter rules, since a domestically tailored contract could reset what compliance-viable leverage looks like. Wells stopped short of a launch, so the real signal is intent, not a product. Whether Ondo moves from exploring to filing — and how it would ring-fence US terms from its offshore offering — is the open question.
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