{"id":72348,"date":"2023-01-10T22:54:40","date_gmt":"2023-01-10T20:54:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72348"},"modified":"2025-09-08T14:37:13","modified_gmt":"2025-09-08T11:37:13","slug":"defi-project-ondo-finance-launches-tokenised-us-treasuries","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/defi-project-ondo-finance-launches-tokenised-us-treasuries\/","title":{"rendered":"DeFi project Ondo Finance launches tokenised US Treasuries"},"content":{"rendered":"<p>The Ondo Finance project, specialising in decentralised investment products, unveiled tokenised versions of US Treasuries.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">We are excited to announce that we are making US Treasuries easily accessible to stablecoin holders in tokenized format! Check out our new site at <a href=\\\"https:\/\/t.co\/z0GWsjKn21\\\">https:\/\/t.co\/z0GWsjKn21<\/a> for more info, and read more below \ud83d\udc47 <a href=\\\"https:\/\/t.co\/4YoNVpUbOX\\\">https:\/\/t.co\/4YoNVpUbOX<\/a><\/p>\n<p>\u2014 Ondo Finance (@OndoFinance) <a href=\\\"https:\/\/twitter.com\/OndoFinance\/status\/1612861296848031745?ref_src=twsrc%5Etfw\\\">January 10, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cAlthough we intend to offer a broad range of securities and other credit products to investors, we are starting with short-term U.S. Treasuries through large, highly liquid <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a>, managed by institutions such as BlackRock and PIMCO,\u201d the project blog says.<\/p>\n<\/blockquote>\n<p>According to Nathan Allman, the CEO and founder of Ondo Finance, the new products are available to holders of stablecoins and fiat currencies. Among them:<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li>US Government Bond Fund (OUSG), focused exclusively on short-term US Treasuries;<\/li>\n<li>Short-Term Investment Grade Bond Fund (OSTB): short-term investment-grade corporate bonds;<\/li>\n<li>High Yield Corporate Bond Fund (OHYG): high-yield corporate bonds.<\/li>\n<\/ul>\n<p>Allman expressed confidence that <a href=\"https:\/\/forklog.com\/en\/news\/what-are-security-tokens-and-security-token-offerings-stos\">security-tokens<\/a> and the protocols backing them, in compliance with regulatory requirements, will make financial markets more transparent, efficient and accessible.<\/p>\n<p>Investors can earn interest on tokenised assets, transfer them to other whitelisted participants, and also use them in lending protocols for trading and other applications.<\/p>\n<p>The project charges an annual management fee of 0.15%.<\/p>\n<p>The project, created by former Goldman Sachs employees, <a href=\"https:\/\/forklog.com\/en\/news\/defi-project-ondo-raises-4-million-to-launch-a-dao-and-its-own-token\">raised $4 million<\/a> in seed funding in 2021.<\/p>\n<p>In April last year, Ondo Finance <a href=\\\"https:\/\/www.theblock.co\/post\/143769\/ondo-finance-raises-funding-peter-thiel-founders-fund\\\">raised $20 million<\/a> following a Series A round led by Founders Fund and Pantera Capital. A few months later the project <a href=\\\"https:\/\/www.theblock.co\/post\/156116\/ondo-finance-raises-10-million-in-public-token-sale\\\">raised $10 million<\/a> through a token sale on CoinList.<\/p>\n<p>In October, the Israeli Ministry of Finance and the Tel Aviv Stock Exchange <a href=\"https:\/\/forklog.com\/en\/news\/israel-to-trial-tokenised-bonds\">launched<\/a> a pilot project to tokenise bonds.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ondo Finance project unveiled tokenised versions of US Treasuries.<\/p>\n","protected":false},"author":1,"featured_media":72349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1431,1093],"class_list":["post-72348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bonds","tag-defi"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=72348"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72348\/revisions"}],"predecessor-version":[{"id":72350,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72348\/revisions\/72350"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/72349"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=72348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=72348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=72348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}