Ondo Finance and Aptos Foundation Forge Strategic Partnership to Tokenize Real World Assets
Ondo Finance and Aptos Foundation have announced a strategic partnership aimed at revolutionizing the integration of real world assets (RWAs) with blockchain technology. This partnership not only signifies a major step forward in blockchain finance but also brings together two organizations with impressive institutional pedigrees and partnerships, including ties to Blackrock and Goldman Sachs. The collaboration is beginning with the native integration of Ondo's tokenized US Treasuries product, USDY, onto the Aptos blockchain, setting the stage for a series of innovative financial products that leverage the unique strengths of both organizations. USDY currently exists natively only on Ethereum, Solana, and Mantle. Looking beyond the immediate integration, Ondo is exploring innovative solutions that combine onchain native and real world asset yields on Aptos. This includes developing new staking and re-staking processes that enhance the utility of tokenized assets and the capital efficiency of the platforms that support them. #HotTopicDiscussion#
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
41 Likes
Reward
41
9
Share
Comment
0/400
Blue27
· 2024-02-23 05:05
thanks for sharing canim.. this was a good coin.. im holding some of it💙
Reply0
AceGh
· 2024-02-23 01:36
I think Gem is a good coin. I hold some and so far it's been good.
Reply0
Ryakpanda
· 2024-02-23 00:50
Grasp the trend and make crazy money in 2024! Ambush 100 times coins 📈 Come on! 💸
Ondo Finance and Aptos Foundation Forge Strategic Partnership to Tokenize Real World Assets
Ondo Finance and Aptos Foundation have announced a strategic partnership aimed at revolutionizing the integration of real world assets (RWAs) with blockchain technology. This partnership not only signifies a major step forward in blockchain finance but also brings together two organizations with impressive institutional pedigrees and partnerships, including ties to Blackrock and Goldman Sachs.
The collaboration is beginning with the native integration of Ondo's tokenized US Treasuries product, USDY, onto the Aptos blockchain, setting the stage for a series of innovative financial products that leverage the unique strengths of both organizations. USDY currently exists natively only on Ethereum, Solana, and Mantle.
Looking beyond the immediate integration, Ondo is exploring innovative solutions that combine onchain native and real world asset yields on Aptos. This includes developing new staking and re-staking processes that enhance the utility of tokenized assets and the capital efficiency of the platforms that support them.
#HotTopicDiscussion#