Ondo Finance

Ondo Finance has expanded its tokenized treasury offerings to the XRP Ledger (XRPL), enabling institutional investors to access OUSG (Short-Term US Government Treasuries Fund) through RLUSD. This marks the first seamless settlement between OUSG and RLUSD on XRPL. Key points: - OUSG is fully backed, yield-generating, and compliant - Ondo Finance manages over $1.3B in TVL - OUSG has $690M in TVL, invested in funds from BlackRock, Franklin Templeton, and others This integration provides institutions with flexible treasury management tools and high-quality tokenized assets on XRPL.

Ondo Finance has announced a significant integration with J.P. Morgan and Chainlink to bring traditional banking rails to tokenized Treasury products. The collaboration enables J.P. Morgan deposit holders to seamlessly access tokenized Treasuries through Ondo Chain. Key developments: - Integration of traditional bank payment systems with Ondo Chain - Direct access for J.P. Morgan clients to tokenized Treasury products - Expansion of tokenized Treasury accessibility beyond DeFi users The tokenized Treasury sector saw 500% growth in 2024, establishing itself as a foundational layer for on-chain finance. These products combine stablecoin-like features with Treasury yields. Learn more at [Ondo Finance](http://ondo.finance)

Ondo Finance is spearheading a transformation in capital markets by building infrastructure to bridge traditional finance with blockchain technology. Key developments: - Working to make $90T+ in US stocks and Treasuries accessible on-chain - Transitioning from closed systems to open protocols - Creating new infrastructure for modern capital markets This initiative represents a significant shift in how traditional financial assets can be accessed and traded through blockchain technology. The move could democratize access to major financial markets while maintaining regulatory compliance. Learn more about Ondo's vision at [Ondo Finance](https://ondo.finance)

Kinexys by JPMorgan, Chainlink, and Ondo Finance have completed the first cross-chain Delivery vs Payment (DvP) transaction on Ondo Chain testnet. Key points: - First-ever interoperability between a bank's permissioned blockchain and a public blockchain - Transaction involved tokenized treasury settlement using Chainlink's infrastructure - Kinexys platform processes $2B daily, with 10x YoY growth - Ondo Chain aims to combine public blockchain openness with institutional compliance standards The collaboration marks a significant step toward TradFi-DeFi convergence and institutional RWA tokenization. [Read full announcement](https://blog.ondo.finance/ondo-chain-jpmorgan-kinexys-chainlink/)

Major financial institutions are expanding their digital asset capabilities: - **JPMorgan** adds 8 MENA banks to Kinexys blockchain platform for cross-border payments - **BlackRock** files for $150B Treasury Fund tokenization on Ethereum via BNY Mellon (min $3M) - **Standard Chartered** becomes first GSIB to custody Circle's USDC and Paxos' USDP - **Mastercard** launches comprehensive stablecoin payment solution with OKX and Nuvei - **Visa** partners with Bridge and Stripe to enable stablecoin-linked cards globally These moves signal growing institutional adoption of blockchain technology and digital assets in traditional 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.