Ondo Finance: The Rising RWA Tokenization Investment Platform
Recently, the focus of the crypto market has gradually shifted to real-world asset (RWA), especially low-risk, stable-income assets such as US Treasuries. Under this trend, Ondo Finance has grown rapidly as a leading project in the field of RWA. With the announcement of the Ondo Foundation that it is about to unlock the ONDO token, a well-known trading platform has also included it in the listing plan, which will undoubtedly bring more vitality to the Ondo ecosystem.
Ondo Finance, a protocol focused on RWA tokenized investments, launched a V2 version of its tokenized U.S. Treasury fund in January 2023. The project aims to provide institutional-grade investment opportunities for ordinary investors, introducing low-risk assets such as U.S. Treasuries and money market funds into the blockchain world, providing on-chain investors with an alternative to stablecoins.
According to a data platform, the total market capitalization of the RWA U.S. Treasury track has surged from $110 million in the early days to $863 million. Among them, Ondo's market size in this field reached 125 million US dollars, ranking third in the market.
Ondo Finance's main product
Ondo has launched several investment products through tokenization:
$OUSG Tokenized U.S. Treasury Fund: For global institutional users, the underlying asset is a short-term U.S. Treasury bond ETF, with assets under management of $114 million.
$OMMF Tokenized Money Market Fund: A low-risk USD-linked fund that uses a rebase model and is SEC compliant.
$USDY Yielding Stablecoin: Backed by short-term U.S. Treasury bills and bank deposits, it provides yield-generating investment tools denominated in U.S. dollars for non-U.S. investors, currently managing assets totaling $65.37 million.
Flux Finance: To solve the problem of permissioned access, Ondo has partnered with this decentralized lending protocol to allow users who do not require KYC to participate in the lending business of assets such as OUSG.
Ondo was founded in 2021 by two former Goldman Sachs employees, with team members from well-known institutions such as Goldman Sachs, Fortress, Bridgewater, and MakerDAO.
The project has carried out several rounds of financing:
August 2021: Completed a $4 million seed round led by Pantera Capital
April 2022: Completed a $20 million Series A round, co-led by Founders Fund and Pantera Capital.
May 2022: Completed over $10 million in ICO financing through a certain platform.
With its elite team background and top-tier capital support, Ondo Finance occupies an important position in the RWA U.S. bond space. The project has strong compliance and mature product architecture, which has laid a good foundation for future development.
However, Ondo also faces stiff competition from its peers. For example, an interest-bearing stablecoin project surpassed Ondo in assets under management in just 4 months. In addition, how to expand more channels, launch more attractive products, and how to use token incentives to create growth momentum are all key issues that Ondo needs to solve in the future.
As the RWA market continues to expand, Ondo Finance needs to explore more possibilities beyond U.S. bonds to maintain its competitive edge in the fast-growing crypto finance space.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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OnchainSniper
· 12h ago
Waiting to get liquidated before entering a position???
Reply0
rugpull_survivor
· 12h ago
Can this coin survive for 5 months?
Reply0
MissedAirdropBro
· 12h ago
The big trend of RWA, should I buy or miss out?
Reply0
StakeWhisperer
· 12h ago
National bonds yyds! Finally waited for stable returns!
Reply0
MemecoinResearcher
· 12h ago
bruh rwa tokens r the new memecoin season fr
Reply0
MetaMisery
· 12h ago
The US debt is hard-core, huh? Only honest people play this.
Reply0
LayoffMiner
· 12h ago
It's still faster to make money by trading tokens, right?
Ondo Finance: The rising star of RWA U.S. bond tokenization with a market capitalization of over $100 million
Ondo Finance: The Rising RWA Tokenization Investment Platform
Recently, the focus of the crypto market has gradually shifted to real-world asset (RWA), especially low-risk, stable-income assets such as US Treasuries. Under this trend, Ondo Finance has grown rapidly as a leading project in the field of RWA. With the announcement of the Ondo Foundation that it is about to unlock the ONDO token, a well-known trading platform has also included it in the listing plan, which will undoubtedly bring more vitality to the Ondo ecosystem.
! Ondo Finance needs to do more after betting on the US Bond RWA
Ondo Finance Overview
Ondo Finance, a protocol focused on RWA tokenized investments, launched a V2 version of its tokenized U.S. Treasury fund in January 2023. The project aims to provide institutional-grade investment opportunities for ordinary investors, introducing low-risk assets such as U.S. Treasuries and money market funds into the blockchain world, providing on-chain investors with an alternative to stablecoins.
According to a data platform, the total market capitalization of the RWA U.S. Treasury track has surged from $110 million in the early days to $863 million. Among them, Ondo's market size in this field reached 125 million US dollars, ranking third in the market.
Ondo Finance's main product
Ondo has launched several investment products through tokenization:
$OUSG Tokenized U.S. Treasury Fund: For global institutional users, the underlying asset is a short-term U.S. Treasury bond ETF, with assets under management of $114 million.
$OMMF Tokenized Money Market Fund: A low-risk USD-linked fund that uses a rebase model and is SEC compliant.
$USDY Yielding Stablecoin: Backed by short-term U.S. Treasury bills and bank deposits, it provides yield-generating investment tools denominated in U.S. dollars for non-U.S. investors, currently managing assets totaling $65.37 million.
Flux Finance: To solve the problem of permissioned access, Ondo has partnered with this decentralized lending protocol to allow users who do not require KYC to participate in the lending business of assets such as OUSG.
! After betting on the RWA, Ondo Finance needs to do more
The Development History of Ondo Finance
Ondo was founded in 2021 by two former Goldman Sachs employees, with team members from well-known institutions such as Goldman Sachs, Fortress, Bridgewater, and MakerDAO.
The project has carried out several rounds of financing:
! After betting on the US Bond RWA, Ondo Finance needs to do more
ONDO tokenomics model
The total supply of ONDO Token is 10 billion coins, with an initial circulation of approximately 14.3%. The token allocation is as follows:
Most of the tokens will be unlocked gradually over the next 5 years.
! After betting on the RWA, Ondo Finance needs to do more
Summary and outlook
With its elite team background and top-tier capital support, Ondo Finance occupies an important position in the RWA U.S. bond space. The project has strong compliance and mature product architecture, which has laid a good foundation for future development.
However, Ondo also faces stiff competition from its peers. For example, an interest-bearing stablecoin project surpassed Ondo in assets under management in just 4 months. In addition, how to expand more channels, launch more attractive products, and how to use token incentives to create growth momentum are all key issues that Ondo needs to solve in the future.
As the RWA market continues to expand, Ondo Finance needs to explore more possibilities beyond U.S. bonds to maintain its competitive edge in the fast-growing crypto finance space.
! After betting on the RWA, Ondo Finance needs to do more