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Ondo has walked back its 2025 plan for an institution-focused layer-1 blockchain, shifting instead to an offchain execution network.
The change is an apparent departure from the settlement architecture the project had publicly committed to.
What the architecture swap means The original design, disclosed in 2025, positioned Ondo as the operator of a layer-1 blockchain built for institutional clients.
A layer-1 carries a specific structural promise: transactions settle on a chain the operator runs, with the ledger visible to any party with access and no intermediary required to confirm finality.
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