Ondo Finance

PayPal USD (PYUSD) will support 24/7 conversions with Ondo's OUSG. We’re excited to announce that we will soon enable instant conversions between OUSG and PayPal USD (PYUSD). At launch, investors can now seamlessly mint OUSG with PYUSD, one of the fastest-growing stablecoins. This arrangement further enhances the redemption liquidity of OUSG and expands the utility of PYUSD as a liquidity source for real-world assets (RWAs). ? This collaboration will expand access to tokenized US Treasuries while supporting 24/7 instant redemptions of OUSG into PYUSD. Jose Fernandez da Ponte, SVP & GM of Blockchain, Crypto & Digital Currencies at PayPal, commented “We are excited to further enhance the utility of PYUSD as a liquidity source for RWAs. What Ondo Finance is doing is the perfect illustration of the inherent advantages that PYUSD enables for fast and cheap settlements beyond commerce payments.” Nathan Allman, CEO of Ondo Finance, commented, “Allowing conversions between OUSG and PYUSD enhances our offerings, expanding our clients’ choice in reliable and high-quality settlement solutions that allows them to keep more of their assets onchain. We are excited to be at the Nexus of the convergence between traditional finance and DeFi.” ? Ondo Finance is known as a pioneer in the tokenization of real-world assets, and is the first tokenized U.S. Treasuries platform to surpass the $600m TVL milestone. ? OUSG marked a milestone as the first tokenized US Treasuries fund and offers qualified investors instant 24/7 subscriptions and redemptions, daily interest accruals, low fees, and multi-chain availability (including Ethereum and Solana). The majority of its portfolio is held in the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). ? Read the announcement here: https://lnkd.in/emAEU8aT ? NOTE: OUSG has not been registered under the US Securities Act of 1933 ("Act") or pursuant to securities laws of any other jurisdiction, and may not be offered, sold or otherwise transferred in the US or to US persons unless registered under the Act or an exemption or exclusion from the registration requirements thereof is available. Ondo I LP, the issuer of OUSG, is not registered as an investment company under the US Investment Company Act of 1940, as amended. Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, OUSG. Acquiring OUSG involves risks. A OUSG holder may incur losses, including total loss of their investment. Past performance is not an indication of future results.

Wall Street 2.0 Is Coming The next era of finance will be revealed at our first-ever Ondo Summit. We can’t wait to show you what’s next. Save the date at https://lnkd.in/egVUpFc6

In recent weeks, institutional adoption of money market fund tokenization has gained significant momentum. What we began at Ondo two years ago has now accelerated into high gear. Here are some key developments you may have missed ?? 1. Ondo Finance was proud to announce our plans to bring our onchain transaction technology to a New Tokenized U.S. Treasury Fund sub-managed by Wellington Management and tokenized by Libeara. Libeara, a real-world asset (RWA) tokenization platform backed by SC Ventures by Standard Chartered, announced a strategic collaboration with FundBridge Capital, an established Singapore MAS-regulated platform provider for fund managers, to introduce the Fund. Wellington Management Singapore Pte. Ltd. will act as sub-manager for the Fund. Ondo Finance intends to utilize our technology to enable transactions in the Fund’s tokens, a critical component for the fund’s use as collateral and seamless cross-border settlement. Our 24/7 trading technology will empower investors to exit their positions whenever necessary, further enhancing the Fund’s utility in the Web3 ecosystem. https://lnkd.in/e5dsj4Tp 2. UBS Asset Management, a $1.7T global asset manager, launched its first tokenized fund investment - the UBS USD Money Market Investment Fund, a Money Market investment built on Ethereum distributed ledger technology with the fund domiciled in Hong Kong serving the APAC region. Thomas Kaegi, Co-Head of UBS Asset Management APAC, said, “We have seen growing investor appetite for tokenized financial assets across asset classes.” https://lnkd.in/e8K_dhbC 3. Citi and Fidelity International have developed a solution that combines a tokenized money market fund (MMF) with an embedded digital FX swap. The foreign investor cohort is one of the largest buyers of the US Treasuries. Together they hold over $7T+ US TBills, Notes and Bonds. This innovative on-chain solution could enable investors to conduct seamless and real-time settlement of multi-asset positions in different currencies. https://lnkd.in/e6BT4hyu 4. Libra, a UAE-based Brevan Howard VC backed tokenization startup, and MANTRA, a RWA focused blockchain network, partnered together to provide MANTRA users that are institutional or accredited investors with investment opportunities across a number of notable onchain funds, including leading hedge funds, private credit funds and money market funds. MANTRA has been part of the Ondo ecosystem since May 2024. View our announcement here: https://lnkd.in/eHb_KsqD

#SFF2024: The Institutional Imperative: Catalyzing the next wave of #DigitalAsset innovation In our fourth panel of the day, Aaron Gwak, CEO of our tokenization platform Libeara; Stacey-Ann Pearson, General Manager of our digital asset custodian Zodia Custody Singapore, Rania R., Director of Sales at Ondo Finance, and Kenneth Bok from SC Ventures unpacked what it will take to drive #institutional #adoption of digital assets and where we’re poised to see the most innovation in the year to come. Overall, there was strong consensus that institutional adoption is inevitable - it's only a matter of time. Yieldcoins and tokenized treasuries are just the beginning, with the potential for public equities and collateralized assets to move on-chain. However, unlocking this future relies on earning the trust of decision makers within institutions. Our speakers emphasized the need to earn decision-makers' trust in governance, security, and compliance, enabling companies to embrace digital assets confidently, and pointed out that while institutional change can be slow, those who focus on regulatory alignment will accelerate adoption and open the door to future innovations. By aligning on these fronts, the digital asset space is poised for a new era of institutional integration. #DigitalAssets #RewiringtheDNAinbanking

Ondo Finance Founder and CEO, Nathan Allman, will be speaking at The Bridge (presented by The Tie) in NYC this Wednesday, November 6! ???? He will join the panel "Why Financial Markets Need RWAs" alongside leaders from Intrinsic Capital, Superstate, Kadena, and Aptos Labs.

Understanding and managing risks is critical for maintaining trust and compliance in a decentralized world. Hear Chris Tyrrell, Ondo Finance's Chief Risk & Compliance Officer, as he joins Chainalysis' Public Key to share how Ondo is leading the wave of tokenizing real-world assets and taking the next step in risk management. ?? Tune in to the full episode: https://lnkd.in/eqTyTPXA

We’re excited to announce that Ondo Finance is supporting Libeara, a leading tokenization platform backed by SC Ventures by Standard Chartered, and FundBridge Capital, an established Singapore MAS-regulated platform provider for fund managers, on a new tokenized U.S Treasury Fund (the “Fund”). Wellington Management Singapore Pte. Ltd. will act as sub-manager for the Fund. Ondo is also considering becoming an anchor investor in the new Fund. ? Enabling Additional Utility for Onchain Funds Ondo Finance will provide its technology to enable 24/7 onchain transactions in the Fund’s tokens, a critical component for the fund’s use as collateral and seamless cross-border settlement. Ondo Finance’s 24/7 technology will empower investors to exit their positions whenever necessary, further enhancing the fund’s utility in the Web3 ecosystem. ? "We’re thrilled to explore ways to support onchain finance initiatives driven by Libeara and Wellington Management,” said Nathan Allman, CEO of Ondo Finance. “By bringing onchain transaction technology to this new fund, Ondo Finance is ensuring that tokenized assets can be most effectively used as collateral and for cross-border settlement, including in the digital assets ecosystem." ? A Milestone for Tokenization Adoption The Fund is modeled after the SGD Delta Fund, the first tokenized fund to receive a rating of Aa from Moody’s. This sets a standard for the security and stability of the fund’s structure and gives credibility that tokenization, when done correctly, does not inherently alter the risk profile of traditional financial assets. These standards provide the credibility needed for institutional investors and pave the way for broader adoption of tokenized assets. ? Bridging the Gap: A Look Ahead As the floodgates open for traditional asset managers to engage with blockchain, Ondo Finance is uniquely positioned at the nexus of traditional and onchain finance. Ondo is also actively working with other leading asset managers on real-time redemption capabilities, facilitating the transformation of blockchain-powered asset management. We will have more to announce on this soon. #crypto #tokenization #RWA #RWAs #blockchain

Tokenization has the potential to bring trillions of dollars of real-world assets onchain. Listen as Ian De Bode, Chief Strategy Officer at Ondo Finance, explains how Ondo Global Markets could transform public blockchains, bringing publicly listed securities like stocks and ETFs onchain while enabling new ways to utilize these assets. Learn more about the opportunity of Ondo Global Markets in our blog here: https://hubs.la/Q02W8JfG0 Video credit: @CryptoPicsou on Twitter #tokenization #RWA #RWAs #blockchain #crypto

A new week, a new ranking. Here are the top tokenized US Treasury protocols according to RWA.xyz 1. Ondo Finance - $650M 2. Securitize - $534M 3. Franklin Templeton - $410M Real-world asset (RWA) tokenization is taking off and tokenized US Treasuries have grown by more than 1,000% since the start of 2023, surpassing $2.2B AUM as of Oct 2024. Ondo is proud to be pioneering leader of the asset class. Want to learn more about why Ondo is the no.1 protocol? Visit https://ondo.finance #crypto #tokenization #RWA #RWAs

Yesterday, Ondo Finance's Justin Schmidt joined the Federal Reserve Bank of Philadelphia's Eighth Annual Fintech Conference to talk real-world asset (RWA) tokenization with the Solana Foundation, Fidelity Investments, and more "Tokenization is the fastest-growing category in crypto, and Ondo is at the forefront of this movement" #tokenization #RWA #realworldassets #crypto #blockchain