Ondo Finance announced its cooperation with Solana on-chain exchange Drift Protocol, opening its tokenized US Treasury USDY as collateral for perpetual contracts and allowing borrowing. RWA (real world assets) is one of the current focus tracks in the cryptocurrency market. On March 20 this year, after BlackRock launched its first tokenized fund BUIDL "BlackRock USD Institutional Digital Liquidity Fund", the track leader Ondo Finance ($ONDO) soared nearly 30% on the same day and has risen more than 500% so far this year. In the past, tokenized US Treasury bonds could only be used to earn interest, but now they can be used for trading operations at the same time. Ondo opened its tokenized US Treasury USDY as collateral for perpetual contracts and allowed borrowing to bring more practicality to RWA and improve capital efficiency, and more exchanges are expected to support it in the future. With a market value of US$165 million, USDY is the fourth largest tokenized US Treasury product, second only to BlackRock's BUIDL, Franklin Templeton's FOBXX and Ondo's own $OUSG, which is only available to qualified investors. #meme板块关注热点