Ondo Finance has invested over $25 million in YLDS, the yield-bearing stablecoin issued by Figure Certificate Company. This significant capital injection will back the Ondo Short-Term US Treasuries Fund (OUSG), Ondo’s flagship tokenized fund. The integration of YLDS will strengthen and diversify OUSG’s yield sources, complementing its current portfolio which already includes funds from leading asset managers.
The relationship between Ondo and Figure is deepening thanks to this investment, which also follows Figure’s recent IPO, marking a milestone in its mission to modernize capital markets. Michael Tannenbaum, CEO of Figure Technology Solutions, emphasized that the collaboration boosts YLDS’s dominance in tokenized real-world assets. Meanwhile, Ian De Bode, President of Ondo Finance, stated that the investment consolidates OUSG’s position as the leading onchain vehicle for institutional clients. OUSG has grown to over $780 million in total value locked, offering instant 24/7 subscriptions and redemptions, daily interest accruals, and low fees.
The next step is to monitor how this investment will accelerate institutional adoption of onchain finance and product expansion. The alliance is built on Figure’s $19 billion in blockchain-based real-world asset lending and Ondo’s global leadership in tokenized assets. This partnership is expected to not only diversify OUSG’s yield strategy but also support the growth of Figure’s ecosystem, particularly in Democratized Prime, where YLDS is the primary exchange collateral.
Source: https://ondo.finance/blog/ondo-ylds-25m-investment
Disclaimer: Crypto Economy’s Flash News are prepared using official and public sources verified by our editorial team. Their purpose is to quickly report on relevant facts within the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We always recommend verifying the official channels of each project before making related decisions.
