USDY Launches Cross-Chain Bridge Between Solana and EVM

**SEC Commissioner Hester Peirce emphasized making the U.S. the most friendly jurisdiction for builders** during a conversation with Ondo Finance General Counsel Mark Janoff at the CoinDesk Policy & Regulation Forum. The discussion focused on: - How regulators can better support digital asset innovation - Building frameworks for tokenized finance - Creating regulatory clarity for the industry **Key takeaway**: Peirce's comments signal continued regulatory openness toward tokenization and digital assets, aligning with broader SEC efforts under Chairman Paul Atkins to modernize financial regulations. Ondo Finance continues contributing to policy discussions that will shape tokenized finance infrastructure for decades ahead.

**Ondo Finance** has appointed **Peter Curley** as Head of Global Regulatory Affairs, bringing decades of policy experience from major institutions. **Key Background:** - Former roles at Coinbase, SEC, U.S. Department of Treasury - Experience at Hong Kong Exchanges & Clearing Ltd - Extensive financial policy expertise **Strategic Significance:** - Reinforces Ondo's commitment to regulatory leadership - Positions company for thoughtful policymaker engagement - Supports growth as tokenization transforms capital markets This appointment comes as real-world asset tokenization gains momentum and regulatory clarity becomes increasingly important for institutional adoption. [Read full details](https://blog.ondo.finance/ondo-finance-appoints-peter-curley-former-sec-treasury-and-coinbase-policy-leader-as-head-of-global-regulatory-affairs/)

**Ondo Global Markets** has achieved a significant milestone, reaching over **$100 million in total value locked (TVL)** within just one week. The platform has now become the **largest platform for tokenized stocks and ETFs**, marking a major achievement in the tokenized securities space. This rapid growth demonstrates increasing institutional and retail adoption of tokenized traditional financial instruments on blockchain infrastructure. The milestone represents substantial progress from Ondo's previous achievements in the tokenized asset management sector.

**Fidelity enters tokenization** with its new Digital Interest Token (FDIT), marking another institutional milestone in bringing traditional finance onchain. **Ondo Finance's OUSG serves as the sole anchor and largest investor** in Fidelity's tokenized fund. This partnership adds to OUSG's diversified portfolio of major asset managers. **OUSG has grown significantly** since its January 2023 launch: - Over $730M in total value locked - 24/7 instant subscriptions and redemptions - Multi-chain support across Ethereum, Solana, Ripple, and Polygon - Daily interest accruals with low fees **Portfolio now includes funds from leading institutions:** - BlackRock's BUIDL - Fidelity's FDIT - Franklin Templeton's BENJI - WisdomTree's WTGXX - Wellington Management and FundBridge Capital's ULTRA This expansion demonstrates growing collaboration between traditional finance and DeFi, with Ondo positioned as a central connector in the tokenized Treasury space. [Read the full blog post](https://blog.ondo.finance/fidelity-unveils-onchain-money-market-fund-anchored-by-ondo-finance/)

**WisdomTree**, a global asset manager with **$131B in assets under management**, has joined the Global Markets Alliance. The firm specializes in: - Digital innovation in finance - Tokenized assets - Blockchain-based investment solutions WisdomTree now joins a **growing coalition** that includes: - Exchanges - Wallets - Custodians - Infrastructure providers - Asset managers The alliance focuses on **aligning standards** for bringing tokenized stocks and funds onchain. This partnership advances the organization's mission to make global markets more **open, programmable, and accessible**. The move represents another significant step in the institutional adoption of tokenized financial products.