Ondo Finance
Ondo Finance is a real-world asset (RWA) tokenization platform that brings institutional-grade financial products on-chain. Its flagship products include USDY, a tokenized note backed by U.S. Treasuries and bank deposits that offers yield to non-US holders, and OUSG, a tokenized short-term U.S. Treasury fund. Launched in 2022, Ondo bridges traditional finance and DeFi by making regulated, yield-bearing assets accessible on multiple blockchains including Ethereum, Solana, and Mantle. The proto...