Ondo Expands USDY Bond Token to Solana Network with LayerZero Bridging Solution

Ondo Expands USDY Bond Token to Solana Network with LayerZero Bridging Solution

The post Ondo Expands USDY Bond Token to Solana Network with LayerZero Bridging Solution appeared on BitcoinEthereumNews.com. COINOTAG reported on May 3rd that Ondo has successfully implemented a novel bridging solution, developed in partnership with LayerZero, to facilitate the integration of its US Dollar-pegged bond token, USDY, onto the Solana blockchain. This strategic move not only enhances liquidity for USDY but also signifies a pivotal s…

Solana Expands RWA Infrastructure With USDY Integration and LayerZero Bridge - Crypto News Flash

Solana’s integration with other blockchains enables seamless cross-chain movement of RWAs, marked by the introduction of USDY, a yield-bearing token with over $170 million in total value locked and extensive protocol integrations. Ondo Finance’s bridge introduces a Decentralized Verifier Network (DVN) that independently validates all cross-chain operations. In a major advancement for real-world asset (RWA) adoption, Solana’s ecosystem is now dir…

Ondo Finance Launches Solana Bridge for Tokenized Assets ETHNews

Ondo Finance introduces cross-chain bridge via LayerZero, enabling USDY transfers between EVM networks and Solana blockchain. Social media reactions highlight user optimism, with calls for expanded asset tokenization and Solana’s efficiency benefits. Ondo Finance revealed a tool designed to move tokenized real-world assets between Ethereum-linked networks and Solana. The announcement, shared via the company’s official X account, marks a step tow…

Bridging Innovation: Ondo Finance Ties into Solana Amid RWA Surge Predictions on a Meme Coin Hub - Crypto Economy

TL;DR Ondo Finance has integrated its USDY asset and Decentralized Verifier Network (DVN) into Solana, opening the door to new opportunities for real-world asset (RWA) tokenization. The expansion strengthens interoperability between Solana and EVM ecosystems like Ethereum and Arbitrum. It follows the trend set by giants like BlackRock, who already view Solana as a blockchain ready for institutional investments. Ondo Finance, known for leading t…

Ondo Finance Bridges to Solana: Will ONDO Lead the RWA Boom?

Ondo Finance bridges to Solana, integrating its yield-bearing USDY asset and Decentralized Verifier Network. Will Solana drive the next RWA boom? Ondo Finance is a leader in tokenizing real-world assets (RWA). On this platform, firms like BlackRock can convert U.S. Treasuries into digitized versions that are available on-chain for transparent auditing. According to Coingecko, the project is among the most valuable in the sector, and its token, O…

Ondo Finance Expands Real-World Asset Tokenization to Solana Blockchain: A Boost for SOL and ONDO Protocols - The Blockopedia

The blockchain industry is buzzing with the news that Ondo Finance, an institutional-grade Real-World Asset (RWA) outfit, is expanding its… The post Ondo Finance Expands Real-World Asset Tokenization to Solana Blockchain: A Boost for SOL and ONDO Protocols appeared first on The Blockopedia.