News with the tag "Ondo Finance"

Ondo Finance is launching its yield-bearing USDY token, backed by tokenized US Treasuries, on the Sei blockchain to bridge traditional finance and DeFi, offering institutional-grade yield opportunities on-chain.

Ondo Finance's acquisition of Strangelove Labs aims to enhance its capabilities in tokenizing real-world assets (RWAs) by integrating blockchain technology expertise, potentially accelerating innovation and institutional adoption in the DeFi space.