Ondo Finance

Former House Financial Services Committee Chairman Patrick McHenry has joined Ondo Finance as Vice Chairman of the advisory board. McHenry brings significant policy experience, including: - Leading the bipartisan FIT21 Act passage - Serving as Speaker Pro Tempore in 2023 - Championing digital asset innovation He will focus on: - Government relations strategy - Regulatory engagement - Thought leadership in tokenized securities *The move underscores Ondo's commitment to US-led innovation in digital assets and real-world asset tokenization.* [Read full announcement](https://blog.ondo.finance/patrick-mchenry-former-chair-of-the-house-financial-services-committee-joins-ondo-finance-as-vice-chairman/)

Ondo Finance is advancing the tokenization of US Treasuries, offering multiple functionalities for users: - Onchain savings capabilities - Integration with DeFi protocols - Collateral utilization options - Payment facilitation This development aligns with a16z crypto's prediction that governments may explore putting bonds onchain in 2025. The tokenized treasury market has grown to over $2B since Ondo's 2023 launch, marking it as one of the fastest-growing real-world asset classes. **Key Benefits**: - Real-time settlement - Low transaction costs - Programmability - DeFi composability *The platform combines traditional treasury stability with blockchain advantages, without CBDC surveillance concerns.*

Ondo Finance is hosting its inaugural summit in New York to present its vision for the future of finance. The event promises to showcase: - Industry leaders sharing insights on bringing TradFi onchain - Live presentations from key speakers - Vision for Wall Street 2.0 The summit will take place in approximately 30 days. Interested participants can: - Set reminders for the livestream - View speaker lineup - RSVP through summit.ondo.finance *This marks Ondo's first major event focused on bridging traditional finance with blockchain technology.*

The inaugural Ondo Summit is set to take place in New York City, featuring industry leaders discussing the future of finance. - Event will showcase Ondo's vision for **Wall Street 2.0** - Live streaming available for remote attendance - Speaker lineup now available at summit.ondo.finance/speakers Interested participants can set streaming reminders through the official website to ensure they don't miss key insights and announcements.

Ondo Finance has announced a strategic partnership with BlackRock, facilitated by Anchorage Digital on the Aptos blockchain. This collaboration aims to bring institutional-grade assets to decentralized finance. - Partnership enables traditional financial institutions to access DeFi services - Anchorage Digital serves as the custodian for the initiative - Implementation occurs on Aptos blockchain platform The move represents a significant step toward bridging traditional finance with DeFi infrastructure, specifically targeting banks and large institutional clients.

Ondo Finance announces support for BlackRock and Securitize's multi-chain expansion efforts. As the largest holder of BlackRock's BUIDL, Ondo plans to diversify BUIDL reserves across multiple blockchains to enhance cross-ecosystem liquidity. Key Points: - OUSG is backed by BlackRock's BUIDL - Multi-chain expansion aims to improve liquidity - Partnership involves Ondo, BlackRock, and Securitize *Important regulatory disclosure: OUSG is not registered under US Securities Act and carries investment risks. This is not an offer to sell or buy OUSG.*