Ondo Monthly Spotlight: May 2025
Welcome to the Monthly Spotlight from Ondo Finance, where we delve into the latest developments from the forefront of real-world asset tokenization.
This month, a test transaction took place on Ondo Chain testnet in collaboration with Chainlink and Kinexys by J.P. Morgan, and 24/7 conversions between OUSG and PYUSD went live, along with several other exciting developments.
May Spotlights
- Ondo Chain Powers First Cross-Chain DvP Transaction with Kinexys by J.P. Morgan and Chainlink
- Ondo Finance Launches 24/7 Conversions Between OUSG and PYUSD
- Ondo Finance Expands Institutional-Grade RWA Bridging to Solana
- Ondo Finance featured in World Economic Forum’s Tokenization Report
- Nathan Allman Delivers Clear Message: “Tokenization is About Unlocking Access”
- Tokenized US Treasuries Exceed $7B TVL
- Sergey Nazarov, Co-Founder of Chainlink, Praises Ondo Finance On Stage
Ondo Chain Powers First Cross-Chain DvP Transaction with Kinexys by J.P. Morgan and Chainlink
Ondo Finance announced the successful completion of a cross-chain Delivery versus Payment (DvP) test transaction on Ondo Chain testnet, in collaboration with Kinexys by J.P. Morgan, the financial services firm’s blockchain business unit, and Chainlink. Read more.
Ondo Finance Launches 24/7 Conversions Between OUSG and PYUSD
Instant conversions between Ondo Short-Term US Government Treasuries (OUSG) and PayPal USD (PYUSD) went live. The collaboration enables seamless minting of OUSG with PYUSD and 24/7 instant redemptions of OUSG for PYUSD. Read more.
Ondo Finance Expands Institutional-Grade RWA Bridging to Solana
Ondo Finance’s bridging solution with LayerZero went live on Solana, seamlessly connecting Solana’s vibrant ecosystem with leading EVM ecosystems, including Ethereum, Arbitrum, and Mantle. Read more.
Ondo Finance featured in World Economic Forum’s Tokenization Report
The World Economic Forum's report covers tokenization and the growth of tokenized Treasuries. “Franklin Templeton’s Benji and Ondo Finance’s USDY have succeeded in bringing off-chain treasuries and other high-quality liquid assets on-chain.” Read more.
Nathan Allman Delivers Clear Message: “Tokenization is About Unlocking Access”
At Solana Accelerate, Ondo Finance Founder & CEO Nathan Allman took the stage to deliver a clear message: tokenization is about unlocking access. Watch now.
Tokenized US Treasuries Exceeds $7B TVL
Tokenized US Treasuries exceeded $7B in TVL for the first time, and are hitting milestones faster than ever. Ondo is driving much of this growth. Read more.
Sergey Nazarov, Co-Founder of Chainlink, Praises Ondo Finance On Stage
“When you look at anything Ondo does, they do it at an extremely high standard, like at the Goldman Sachs, McKinsey, or higher standard.” Watch now.