Over the past few years, a number of notable players in both the crypto and traditional banking worlds have either gone bankrupt or have come close to doing so. Investors have thus started asking more questions about what would happen to their assets if the company holding such assets were
We’re thrilled to announce USDY, a tokenized note secured by short-term US Treasuries and bank demand deposits that will revolutionize the way investors all around the world store and transact value. USDY brings the institutional-grade structuring and investor protections of our latest product, OUSG (Ondo US Government Bond Fund)
Ondo, an Ethereum-based asset manager coalescing DeFi and traditional finance, and Polygon Labs, a development team for the Ethereum scaling Polygon protocols, today announce a strategic alliance to help drive the adoption of institutional-grade products within the DeFi ecosystem. This collaboration brings together the expertise and cutting-edge technologies of Ondo
We are excited to announce the sale of ONDO tokens via CoinList to over 18,000 purchasers. Over $10MM was raised via the sale across two tranches at a weighted average network valuation of $525MM. The success of the sale in these turbulent market conditions is a testament to the
Welcome to the very first edition of our bi-monthly recap. We first released this content via email, so please subscribe here if you don’t want to miss our latest updates! Announcements 📣 Coinlist We were delighted to share the launch of the Ondo token and DAO governance, via initial listing
On April 30, the Angle community approved a partnership with Paladin to utilize Ondo’s Liquidity-as-a-Service offering. This partnership will enable the use of $agEUR as liquidity for $PAL. Angle will become the first project to utilize Liquidity-as-a-Service with a euro-pegged stablecoin. Angle’s approval follows an initial proposal by
We’re delighted to announce that Ondo Finance has raised $20M in Series A funding to accelerate the adoption of DeFi through the servicing of key stakeholders, including decentralized autonomous organizations (DAOs), institutions, and retail investors. The equity round was led by Peter Theil’s Founders Fund, and Pantera Capital.