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Ondo Finance will integrate tokenized treasury bonds into Aptos

Ondo Finance will integrate tokenized treasury bonds into Aptos

2024/02/22 15:18

The tokenized real-world asset (RWA) platform Ondo Finance has integrated its tokenized US Treasury-backed product (USDY) into Layer-1 Aptos. Aptos, founded by former Meta employees Mo Shaikh and Avery Ching, is the latest network to offer Ondo USDY. The dollar-denominated yield tokens can also be used on Ethereum, Solana, and Mantle. The integration of USDY is part of a broader partnership between Ondo and the Aptos Foundation, where both companies will explore solutions to combine on-chain and real-world asset yields on Aptos.

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