WLFI-backed RWA project Ondo Finance unveils European, Polygon expansion in Assetera partnership
The post WLFI-backed RWA project Ondo Finance unveils European, Polygon expansion in Assetera partnership appeared on BitcoinEthereumNews.com.
According to a recently released blog from Ondo Finance, Ondo Short-Term US Government Treasuries (OUSG), its tokenized fund is now available on Assetera, a marketplace recognized as Europe’s first MiFID-licensed for blockchain-based securities. OUSG offers a compliant, yield-bearing investment product that has the support of giants like BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and high-quality short-term US Treasuries and GSE funds from Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital. OUSG expands to Europe and the Polygon network Prior to the expansion, OUSG could be minted and redeemed across Ethereum, Solana, and Polygon. However, with this latest development, it will now also be accessible onchain on Polygon. The achievement aligns with Ondo Finance’s mission to bring traditional finance and blockchain together by making institutional-grade investment products available to new markets. Assetera’s regulated platform, which is built on Polygon, is famous for being the destination for European institutional investors who want a compliance and security-focused platform to trade tokenized real-world assets. Thanks to the new integration, accredited investors will now have the opportunity to trade OUSG on the Assetera platform, offering exposure to short-term US Treasuries directly on Assetera’s trading interface. This latest collaboration between Ondo Finance and Assetera is expected to benefit Europe and its investors as they will now be able to enjoy Ondo’s tokenized US Treasuries fund without regulatory headaches because they are trading in a trusted and regulated environment. OUSG already offers institutional investors perks such as high-quality yield offered through indirect exposure to low-risk, highly liquid US Treasury bills, round-the-clock liquidity that supports instant mints and redemptions, and institutional-level security. Aside from these factors, the fact that OUSG has $419 million in total value locked (TVL) also makes it an attractive asset for investors who want high-quality yields without forgoing the reliability of US Treasury…
Filed under: News - @ February 20, 2025 10:27 pm