Copper Adds Support for Ondo Finance’s Tokenized US Treasuries Tokens
Copper, a leader in digital asset custody, collateral management and prime services, has partnered with Ondo Finance. Copper’s institutional-grade multi-party computation (MPC) custody allows clients to securely hold money-market fund tokens, including support for two of Ondo Finance’s flagship tokenized US Treasuries products, OUSG and USDY.
Ondo Finance has built upon the innovation of stablecoins with USDY, aiming to provide a similar level of accessibility, utility, and privacy, while offering an attractive yield and institutional-grade investor protections. OUSG caters to institutional investors (Qualified Purchasers) worldwide, providing straightforward exposure to short-term US Treasuries, paired with 24/7 mint and redemption capabilities for anytime liquidity. [1]
“Through our strategic partnership with Ondo Finance, we’re excited to extend custody support for Ondo Finance’s USDY and OUSG tokens,” commented Ben Lorente, Strategic Alliances Director at Copper.
“For OUSG and USDY holders, this partnership means a reinforced layer of protection that aligns with the highest compliance and regulatory standards. Copper’s track record in serving global financial institutions ensures that tokenized Treasuries can be integrated seamlessly into existing workflows,” commented Oya Celiktemur, Sales Director at Ondo Finance.
Ondo Finance and Copper share the vision of creating robust, user-friendly infrastructure for institutional finance in the digital asset space, empowering clients to confidently embrace next-generation opportunities without compromising on oversight or risk management.
About Ondo Finance
Ondo Finance is a blockchain technology company. Its mission is to accelerate the transition to an open economy by building the platforms, assets, and infrastructure that bring financial markets onchain.
For more information, visit: ondo.finance
About Copper
Since being founded in 2018, Copper.co (“Copper”) has been building the standard for institutional digital asset infrastructure with a focus on custody and collateral management. Underpinned by multi-award-winning technology, Copper has built a comprehensive and secure suite of products and services required to safely custody and trade digital assets. At the core of Copper’s infrastructure is ClearLoop, which enables clients to manage collateral and settle trades across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.
For more information, visit: www.copper.co