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Ondo Finance will integrate tokenized treasury bonds into Aptos

Ondo Finance will integrate tokenized treasury bonds into Aptos

2024/02/22 15:18
APT+1.83%ETH+4.80%ONDO+2.07%

The tokenized real-world asset (RWA) platform Ondo Finance has integrated its tokenized US Treasury-backed product (USDY) into Layer-1 Aptos. Aptos, founded by former Meta employees Mo Shaikh and Avery Ching, is the latest network to offer Ondo USDY. The dollar-denominated yield tokens can also be used on Ethereum, Solana, and Mantle. The integration of USDY is part of a broader partnership between Ondo and the Aptos Foundation, where both companies will explore solutions to combine on-chain and real-world asset yields on Aptos.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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