How to check eligibility and claim $ONDO Airdrop: 👇
1️⃣ Visit official https://t.co/19dsZG0NpC
2️⃣ Connect your wallet and complete the verification process
3️⃣ Enjoy your rewards!
We are excited to unveil that $ONDO Airdrop is live! Claim $ONDO now! 🌐
🔗 https://t.co/90KNfFzdN2
650,000 of total $ONDO supply will be distributed to all eligible users of our growing community 🚀
Let's embark on this new journey together! ❤️
Tokenized US Treasuries are on the rise. 📈
@CoinDesk recently authored an article, "Why Asset Tokenization Is Inevitable".
According to this article, “tokenized government treasuries are already a $1.2B category, with products like BENJI, issued by Franklin Templeton, BlackRock’s BUIDL, and Ondo Finance’s USDY, which highlight a meteoric 10x growth since January of last year.”
Moreover, the sector's growth is accelerating. Between February 2024 and April 2024, tokenized US Treasuries saw 42% growth, with $400M net inflows. Leading this charge are @FTI_DA@BlackRock and Ondo Finance, with Ondo's TVL on @Solana increasing from $10M to over $50M in the last month alone.
Even still, tokenization is in its infancy. As Larry Fink says, “ETFs are step one in the technological revolution in the financial markets. Step two is going to be the tokenization of every financial asset.”
📰 https://t.co/TDDj4iVqGN
⚠️ Important: USDY is not, and may not be, offered, sold, or otherwise made available in the US or to US persons. USDY also has not been registered under the US Securities Act of 1933.
We've just surpassed a massive milestone with $USDY—$200M in TVL! 🎉
Did you know:
It took 8 months to reach $100M in TVL.
It took just 1 more month to hit $200M in TVL.
Introducing USDY, the world's first tokenized note secured by US Treasuries, has had its challenges, but our recent surge shows we're on a steep upward path.
Stablecoins have historically served as a store of value for crypto-natives, and increasingly as a payment solution for the broader population. Now, tokenized Treasuries like USDY are offering the same benefits while putting the yield in the hands of token holders.
⚠️ Important: USDY is not, and may not be, offered, sold, or otherwise made available in the US or to US persons. USDY also has not been registered under the US Securities Act of 1933.
🌐 We're pleased to welcome @Finoa_io into the Ondo Ecosystem following an integration of $OUSG into its custody solution. 🌐
🤝 Established in 2018, Finoa is a leading European qualified custodian for institutional investors. Finoa offers custody, brokerage, staking, and dApp interaction catered to a global clientele, including venture capitalists, investment funds, Web3 organizations, and seasoned investors. The institution holds three licenses by the German Financial Supervisory Authority (BaFin), including crypto custody, brokerage and proprietary trading business.
🗣️ @JustinUS, President of Ondo Finance, shared, "Finoa is a leading European custodian and a key addition to Ondo’s quickly-growing roster of regulated service providers supporting OUSG. This strategic collaboration gives tokenholders further optionality, while helping to unlock the full potential of OUSG.”
🗣️ @hgfinoa, Co-Founder & Co-CEO of Finoa, said, “Ondo Finance stands out as a significant player in the tokenization space, with OUSG proving to be an increasingly popular product for Qualified Purchasers around the world. We are excited to have now integrated OUSG within our market-leading custody solution, which enables institutional investors to both securely hold, and utilize, this yield-bearing token.”
Think bigger. 🌐
The true power of tokenization is realized when the entire value chain is brought onchain.
While tokenized assets often provide benefits over their traditional counterparts, the act of tokenization alone does not significantly enhance utility. When the entire value chain associated with an asset is brought onchain, however, benefits extend throughout the entire ecosystem.
Consider the tokenization of US Treasuries – when US Treasuries are tokenized alongside onchain infrastructure that enables additional financial operations such as swaps and lending, more compelling opportunities are unlocked.
At Ondo, our mission extends beyond tokenizing yield bearing cash equivalents. Connecting the multi-trillion dollar public securities market with global liquidity, while leveraging the power of the blockchain, is next.
👉 https://t.co/niRD9m9Sxy
📺 In the latest episode of @1000xPod, @AviFelman & @jvb_xyz discuss the need for more assets to be represented natively onchain, and how Ondo's infrastructure supports this shift.
As one of the largest players in the rapidly growing tokenized US Treasury product category, Ondo Finance is excited to bring crypto's most popular yield-bearing cash equivalent products to 90+ @cosmos chains through our partnership with @noble_xyz.
With over $300M in TVL, Ondo is the go-to partner for onchain capital looking for capital efficient liquidity and cash management solutions. Through our integration with Noble, we will be expanding the availability of our products to the growing Cosmos ecosystem appchains.
"We will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments" says @nathanlallman.
⚠️ Important: USDY is not, and may not be, offered, sold, or otherwise made available in the US or to US persons. USDY also has not been registered under the US Securities Act of 1933.
📢 We're thrilled to announce that we are bringing native $USDY to @cosmos and the @IBCProtocol ecosystem using @noble_xyz as the onchain asset issuance platform.
📰 https://t.co/EPbafoj1FL
⚠️ Important: USDY is not, and may not be, offered, sold, or otherwise made available in the US or to US persons. USDY also has not been registered under the US Securities Act of 1933.
🌐 Noble is a purpose-built Cosmos blockchain that builds interoperability protocols for the seamless integration and transfer of native assets to over 90 blockchains. Noble is the native asset issuer of $USDC for the Cosmos ecosystem, with a 30 day IBC transfer volume of over $750M.
🧩 Leveraging the Noble chain, Ondo’s yield-bearing tokens can be seamlessly integrated with all Cosmos chains, including @osmosiszone, @dYdX, @CelestiaOrg, @SeiNetwork, @injective, @TeamKujira, @StreamDefi and more. In the last 30 days, transfer volume between Cosmos chains has been around $2.5B with over 7.5M unique transfers.
🪙 USDY is a tokenized note backed by short-term US Treasuries. Holders enjoy the utility of stablecoins while earning yield.
🗣️ @nathanlallman, CEO of Ondo Finance, remarked, “We are thrilled to finally bring native Ondo products to the Cosmos ecosystem. Having Noble as our issuance partner will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments.”
🗣️ @jelenaaa____, Noble’s Founder, stated, “We are excited to partner with Ondo on the launch of their digital asset products in Cosmos. Having a first-class product such as USDY issued natively on Noble promises to deliver enormous benefits, including increased liquidity, interoperability and UX.”
🔜 Following launch on Noble, USDY can immediately be leveraged in a myriad of applications, including in trading, savings, payments, and as collateral. Like USDC, Ondo’s digital asset products in Cosmos will use Noble as a routing hub between appchains, bringing increased liquidity, interoperability, and a seamless user experience.
🌏 Non-US investors can onboard to USDY’s primary market at: https://t.co/OZGleHLOFU
.@Deloitte recently published a research report titled "Tokenization: Realizing the vision of a future financial ecosystem". The report listed three benefits that financial institutions see in tokenization:
1️⃣ New financial products and services
2️⃣ Expanded distribution channels
3️⃣ Enhanced operational efficiencies
At Ondo, we're already making strides in these areas:
1️⃣ We've tokenized US Treasuries, creating accessible, yield-bearing cash equivalent solutions for onchain capital.
2️⃣ We've enabled these products to integrate with DeFi protocols, partnered with leading ecosystem players, and engaged digitally-native customers, continuing to expand upon distribution.
3️⃣ We've leveraged the reliability of traditional finance with the efficiency of blockchain technology, to create products that harness the full potential of smart contracts and improve the efficiency of financial markets.
How are we doing?
We recently surpassed $300M in TVL and are set for expansion. Our strategy includes scaling through strategic partnerships, broadening the distribution of our existing offerings, launching new products, and innovating at the infrastructure layer.
"Commercial success of tokenization could usher in a new era for the financial services industry." – @Deloitte
📖 Learn more about Ondo Finance: https://t.co/YlAMFWiRkf
🌐 We're thrilled to welcome @sphere_labs into the Ondo Ecosystem, following an integration of $USDY as a settlement option within Sphere’s novel payments infrastructure. 🌐
Join @JustinUS at the Institutional Digital Assets Summit, April 19th, to discuss institutional crypto adoption alongside @sunilsharma_eth, Moamen Elsayed, @LeoMizuhara, Ayad Butt & @sidvpillai.
Join Ondo Finance President & COO, @JustinUS, alongside @viktorfischer@SergeyNazarov@maxboonen & Ben Forman, on the main stage at @token2049, April 19th 9:15am, discussing the revolutionization of markets through asset tokenization.
📈 According to @StatistaCharts, the market capitalization of stablecoins increased by 700,000% from $20M in 2017 to $140B in 2024. At the same time, stablecoin transfer volume reached over $7T in 2022, and $1.2T in December 2023 alone, outpacing all major card networks except @Visa.
🌐 Sphere, originally designed with stablecoins at its core, enables merchants in emerging markets to conduct secure, cost-effective, and near-instantaneous cross-border payments. The inclusion of USDY as a payment option extends these capabilities by offering the utility of stablecoins in addition to yield.
🛠️ Sphere is building payments infrastructure for the next generation of the internet by building software that connects end-users with stablecoins. Through intuitive user interfaces, Sphere orchestrates blockchains, custodial infrastructure, and financial service providers to democratize access to payments.
🗣️ @JustinUS, President of Ondo Finance, shared, "The inclusion of USDY as a payment option is a practical step in enhancing Sphere's capabilities. Together, we are breaking down barriers to financial services and enhancing transactional efficiency. This collaboration is a signpost towards a more inclusive financial system that empowers its users."
🗣️ Luigi Charles, CTO of Sphere, stated, "We are delighted to collaborate with Ondo Finance and add support for USDY to further accelerate our mission to provide accessible and efficient value transfer around the world. For those in under-addressed markets, the significance of having access to robust payments infrastructure, coupled with USD-denominated yield, cannot be overstated.”
🚫 NOTE: USDY is not, and may not be, offered, sold or otherwise made available in the US or to US persons. USDY also has not been registered under the US Securities Act.