Ondo Finance has launched Ondo Nexus, a brand unique initiative geared toward bettering liquidity for tokenized Treasuries thru expanded issuer partnerships and 24/7 redemption capabilities.
The Nexus leverages OUSG’s quick minting and redemption aspects to provide third-party issuers with improved liquidity for tokenized Treasuries, or “yieldcoins.”
The initiative expands OUSG’s backing to encompass tokenized Treasuries from Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital.
Moreover, Ondo Nexus integrates liquidity from existing companions admire BlackRock and PayPal.
Nathan Allman, CEO of Ondo Finance, said that Ondo Nexus represents a considerable boost in tokenized Treasuries and the broader true-world asset class, emphasizing that by diversifying eligible collateral, they are organising modular infrastructure that enables shared redeemability of tokenized Treasuries to stablecoins across diverse merchandise.
Ondo Finance is the ideal tokenized Treasury provider offering 24/7 redemptions at no brand to traders. Currently, OUSG enables redemptions towards USDC, with PayPal USD expected to be added rapidly.
Ondo Nexus will allow seamless redemption of tokenized Treasuries from companion issuers into diverse stablecoins, further bettering the asset class’s liquidity and utility.
The tokenized Treasuries sector has grown unexpectedly, surpassing $3 billion in entire brand locked in 2024. With Ondo Nexus, Ondo Finance aims to pork up onchain financial infrastructure, bridging the hole between aged finance and decentralized finance.
