Ondo tokenized treasury fund reaches 407 million dollars

Ondo’s Short-Term US Treasuries Fund has grown to 407.24 million dollars in assets. The product offers a 3.45 percent APY and operates across multiple blockchains. It remains restricted to accredited investors.

The fund, known as OUSG, showed these figures on July 10. It holds 222.07 million dollars on XRPL and 185.17 million dollars on Ethereum.

OUSG allocates capital to other tokenized products. These include 150 million dollars in the State Street Galaxy Onchain Liquidity Sweep Fund, 101.01 million dollars in BlackRock’s BUIDL, 77.08 million dollars in Franklin Templeton’s BENJI, and 69.10 million dollars in the Fidelity Treasury Digital Fund.

Investments and redemptions require a minimum of 5,000 dollars. The vehicle is limited to accredited investors and qualified purchasers.

Tokenized sovereign debt products like OUSG turn government money fund exposure into programmable collateral. They keep the underlying assets inside regulated structures while moving ownership records onto blockchain rails.

관련 기사

Illustration of UK officials discussing tokenized markets with Ripple integration in a London office setting.
AI에 의해 생성된 이미지

UK task force pushes tokenized markets with Ripple cited

AI에 의해 보고됨 AI에 의해 생성된 이미지

A UK Treasury-backed task force is advancing plans to bring tokenized repo, gilts and funds to live markets within the next year. The effort includes major firms and highlights Ripple as a model for convergence between traditional finance and crypto networks.

John Hoffman, the newly appointed head of portfolio products at Ondo Finance, compared the rise of tokenized assets to the early stages of the exchange-traded fund industry. He argued that the convergence of blockchain and artificial intelligence will drive the next phase of growth in capital markets.

AI에 의해 보고됨

Tokenized U.S. Treasuries climbed to a new high of 15.35 billion dollars in value locked on May 13. Bitcoin held above 80,000 dollars but showed limited upside as traders weighed rising odds of a Federal Reserve rate increase. The shift comes ahead of key inflation data and political meetings.

Circle won final approval from the Office of the Comptroller of the Currency on July 10 to open a national trust bank. The move places USDC under federal supervision while limiting the new entity to custody services.

AI에 의해 보고됨

Open Standard's OpenUSD stablecoin project is under examination following reports that several named partners have not formally committed to the alliance. A July 3 report highlighted confusion over the involvement of Korean firms listed on the project's site. The issue centers on distinguishing formal participants from those merely in discussions.

SoFi has introduced its dollar-backed stablecoin SoFiUSD to nearly 15 million members through its banking app. The token is available on Ethereum and Solana and is redeemable one-to-one for U.S. dollars via SoFi Bank.

AI에 의해 보고됨

Ethereum's native token has faced mounting pressure from weak spot demand and institutional outflows. Senior departures from the Ethereum Foundation have added to concerns about the network's direction. The developments coincide with a broader shift in market sentiment toward competing blockchains.

 

 

 

이 웹사이트는 쿠키를 사용합니다

사이트를 개선하기 위해 분석을 위한 쿠키를 사용합니다. 자세한 내용은 개인정보 보호 정책을 읽으세요.
거부