The 21Shares Ondo ETP is an investment fund fully backed by ONDO tokens, the native cryptocurrency of Ondo Finance. It focuses on the decentralized finance (DeFi) sector, specifically targeting tokenization and governance tokens. By holding 100% physically backed ONDO, the ETP provides investors with regulated and transparent access to tokenized fixed-income securities. This allows investors to engage with cutting-edge DeFi opportunities and support the development of traditional financial markets on the blockchain.