Ondo

2024

Value

World

<ul class="wp-block-list news-points">
 <li><strong>Ondo Finance surpasses $600M in Total Value Locked (TVL) across its yield-bearing products.</strong></li>
 <li><strong>USDY and OUSG drive Ondo Finance’s success, securing $384M and $221M in TVL respectively.</strong></li>
 <li><strong>Ondo Finance’s valuation nears $1B as it leads the tokenized treasury market in the RWA sector.</strong></li>
</ul>
<p>Ondo Finance has hit a significant milestone, surpassing $600 million in Total Value Locked (TVL) across its yield-bearing products. The platform now holds $384 million in USDY and $221 million in OUSG, solidifying its position as a leading issuer of tokenized treasuries. Ondo Finance shared the announcement in a recent post, celebrating this achievement as it continues to lead in the Real-World Asset (RWA) sector.</p>
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   <p lang="en" dir="ltr">Celebrating a new milestone! Ondo Finance has surpassed $600M in Total Value Locked (TVL) across our yield-bearing products:<br><br>• USDY: $384M<br>• OUSG: $221M<br><br>We’re proud to be the first issuer of tokenized treasuries to achieve this milestone <a href="https://t.co/BEGdkLW9o0" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/BEGdkLW9o0</a></p>— Ondo Finance (@OndoFinance) <a href="https://twitter.com/OndoFinance/status/1830948954315395407?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 3, 2024</a>
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<p>Launched in January 2024, Ondo Finance has quickly become a major player in the Real World Assets (RWA) sector. With a current market cap approaching $1 billion…</p>
<p>The post <a href="https://coinedition.com/ondo-finance-raises-the-bar-for-rwa-platforms-hits-600m-tvl/" rel="noopener noreferrer nofollow">Ondo Finance Raises the Bar for RWA Platforms, Hits $600M TVL</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ondo Finance Raises the Bar for RWA Platforms, Hits $600M TVL

Coin Edition

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