Ondo Finance has launched the Global Markets Alliance, a new initiative designed to enhance industry standards and promote the interoperability of tokenized securities. The alliance aims to shape practices around key areas such as interoperability, investor protection, liquidity, and composability. Notable participants in this initiative include the Solana Foundation, Bitget Wallet, Jupiter, Trust Wallet, Rainbow Wallet, BitGo, Fireblocks, 1inch, and Alpaca.