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Ondo

Ondo
Website:
Ondo
Launch Status:
Live
Issuer/Asset Category:
Public Debt Instruments
Summary:

Ondo Finance specializes in the tokenization of esteemed US asset classes, including the US Money Market (OMMF), US Treasuries (OUSG), Short Term Bonds (OSTB), and High Yield Corporate Bonds (OHYG). Each tokenized product assumes the structure of a fund, imbuing investors with a sense of familiarity regarding management, fees, and risk exposure. Ondo offers USDY (US Dollar Yield Token), which is the first retail accessible product from Ondo. Importantly, USDY holders earn almost the entire yield from the assets that back USDY

Product Category:
Tokenization platform
Token:
Chain:
Ethereum, Polygon
Location:
Custodial/Non-Custodial:
Non-custodial
Private/Public Blockchain:
Public