Ondo Finance Brings US Treasuries and Institutional-Grade Bonds On-Chain

Ondo Finance launched a tokenized fund that allows stablecoin holders to invest in bonds and US Treasuries. Investors will receive tokenized fund interests, which are transferable on-chain, including through approved smart contracts.

Ondo Finance are launching with three share classes providing a range of institutional-grade yield offerings: US Government Bond Fund (OUSG), Short-Term Investment Grade Bond Fund (OSTB) and High Yield Corporate Bond Fund (OHYG).