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Optimism (OP) is a Layer 2 scaling solution built on the Ethereum blockchain that aims to enhance transaction speed and reduce costs. By utilizing optimistic rollups, it allows for faster and more efficient processing of transactions while maintaining the security and decentralization of Ethereum.
The Invesco QQQ Tokenized ETF (Ondo) (QQQon) is a digital asset that represents shares of the Invesco QQQ Trust, which tracks the performance of the Nasdaq-100 Index. This tokenized ETF allows investors to gain exposure to a diversified portfolio of the largest non-financial companies listed on the Nasdaq stock exchange using blockchain technology.