⚖️ Arca: Storj Files Chapter 11 as Ondo Launches New Trading Network
This week's token movers, per Arca's Katie Talati:
• STORJ (-34%) — decentralized storage provider Storj filed for Chapter 11 to restructure legacy obligations; the company says it remains operational and solvent.
• LDO (-9.7%) — Lido began consolidating staked ETH validators by up to a third, tightening performance on its $17.95B staked ETH base.
• ONDO (-0.1%) — Ondo launched Ondo Network, ditching its earlier Ondo Chain plan, with perpetual futures product Ondo Perps as the first app.
• 1INCH (+1.8%) — 1inch rolled out its Aqua cross-chain liquidity protocol across 13 EVM chains.
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