According to CoinDesk, tokenized real-world asset (RWA) platform Ondo Finance has integrated its tokenized U.S. Treasury-backed product (USDY) to Layer-1 Aptos. Founded by former Meta employees Mo Shaikh and Avery Ching, Aptos is the latest network to offer Ondo's USDY. The U.S. dollar yield token USDY is also available on Ethereum, Solana, and Mantle. USDY is a token backed by short-term U.S. Treasury bonds and bank demand deposits. The USDY integration is part of Ondo's broader collaboration with the Aptos Foundation. The two parties will explore solutions that combine on-chain and real-world asset returns to Aptos. This will include the development of new pledge and re-pledge processes to increase the utility of tokenized assets and the capital efficiency of the platforms that support them. Bashar Lazaar, head of grants and ecosystems at the Aptos Foundation, said: "Ondo Finance's native integration on Aptos is a step forward for accessible and seamless financial services." Ondo will also integrate with Thala, a decentralized finance (DeFi) protocol built on Aptos. USDY will be listed on Thala's automated market maker pool to provide users with better liquidity options. According to DeFiLlama, Thala is the largest Aptos-based protocol in terms of total value locked (TVL).

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