Read Ondo Finance: Where will RWA go in the second half after the wind rises?
Ondo Finance, which is betting on RWA to usher in a new life, how will it plan for the future of itself and RWA?
Written by: Reflexivity Research
Compiled: 1912212.eth, Foresight News
What is Ondo Finance?
Ondo Finance is structured into two main departments: the asset management department and the technology department. The asset management department is responsible for creating and supervising tokenized financial products; on the other hand, the technology department focuses on developing open financial protocols that are essential for Ondo financial products. Operation and scalability are very important.
Ondo Finance has launched a series of products on its website, each of which provides a detailed introduction, including aspects such as underlying assets, operating mechanisms, expected returns, risks involved and eligibility criteria. One notable example is USDY (US Dollar Yield Token), a unique product in Ondo’s portfolio. USDY is essentially a tokenized note backed by short-term U.S. Treasury bills and bank demand deposits, designed to provide non-U.S. individual and institutional investors with the convenience of a stablecoin and a high-quality U.S. dollar-denominated yield combination.