Ondo Integrates LayerZero for Multi-Chain USDY Support
Ondo Finance, a tokenized real-world asset marketplace, has incorporated LayerZero’s interoperability protocol for multi-chain transfers of its tokenized assets. A statement states that Ondo will use LayerZero’s technology to broaden the market reach of its U.S. Dollar Yield (USDY) stablecoin. This yield-bearing tokenized asset is worth more than $452 million. The third-largest tokenized U.S. Treasury […]
Ondo’s USDY Launches on Arbitrum
Ondo Finance and the Arbitrum Foundation have announced the debut of Ondo U.S. Dollar Yield on Arbitrum. Ondo Finance and Arbitrum announced that the tokenized note USDY was debuted on the Ethereum layer-2 scaling solution in a statement on August 27. With a current market value of $347 million, the Ondo U.S. Dollar Yield is […]
Ondo Finance Expands to Asia Pacific to Offer Tokenized U.S. Assets
Ondo Finance, a leading issuer of tokenized securities, has opened its first office in the Asia Pacific region, aiming to tap into the growing crypto market and demand for U.S.-based asset classes. The company offers three tokenized products that provide exposure to U.S. Treasuries, money market funds, and bank deposits. Tokenized securities offer several benefits, […]