Ondo Finance
Legal nameOndo Finance
CreationNone
RegulationSEC Private found advisor exemption
Location Miami, FL, USA
Description
Ondo Finance creates investment management pool that acts a legal fund to invest in money market assets.
It currently offers tokenized product that generate yield on stablecoins through the conversion into USD and investment in United States Treasury Bills.
Ondo Finance manages Money Market Fund of Fund invested in BlackRock BUIDL tokenized Money Market fund.
They also benefit from an ecosystem of partners where investors can connect their portfolio and use their Ondo Finance investments in decentralized finance.
Assets 1
Name | Asset types | Asset classes | AUM | Blockchains | Platforms | |||||
---|---|---|---|---|---|---|---|---|---|---|
Ondo US Dollar Yield Token USDY Type USD Yield-bearing Stablecoin AUM $ 327,960,593 Platform Ondo Finance |
USD Yield-bearing Stablecoin |
$ 327,960,593 |
Ondo Finance |