Ondo turns to Figure’s stablecoin with $25M investment to back tokenized fund

Ondo Invests $25 Million in Figure's YLDS to Enhance Tokenized Treasury Fund

Ondo Finance strategically backs Figure’s yield-bearing stablecoin to bolster its Onchain US Treasuries Fund (OUSG). Ondo Finance has invested $25 million in YLDS, the yield-bearing stablecoin issued by Figure Certificate Company (FCC), to support its Ondo Short-Term US Treasuries Fund (OUSG). The investment aims to diversify the fund’s yield sources and strengthen its portfolio, which […]

Ondo Finance Makes Big Change in Reserve Strategy With $25M Investment in Figure

Ondo Finance has taken a notable step in reshaping the reserve strategy behind its flagship tokenized treasury product. This comes as on Monday, the RWA leader announced a $25 million strategic investment in Figure Technology Solutions’ yield-bearing stablecoin, $YLDS. The purchase will see YLDS added to the reserve mix that backs Ondo’s OUSG short-term U.S. The post Ondo Finance Makes Big Change in Reserve Strategy With $25M Investment in Figur…

Ondo turns to Figure’s stablecoin with $25M investment to back tokenized fund

Ondo Finance bought $25 million worth of YLDS, a yield-bearing stablecoin issued by Figure Technology Solutions, to diversify the assets backing its tokenized US Treasurys fund. The company said Monday that YLDS will be added to a reserves portfolio that already includes tokenized Treasury products from major asset managers, including funds issued by BlackRock, Fidelity,...

Tykhe Capital partners Skyvast to launch AI infrastructure tokenized fund with initial size of $150M

Pioneer Asset Management, a subsidiary of Hong Kong-based Tykhe Capital Group, and Skyvast Digital, part of the Malaysia-based Skyvast Corporation Group, have announced the launch of the world’s first global-grade artificial intelligence (AI) infrastructure tokenized fund – the SKYD Token, with an initial size of $150 million. The duo said in a statement on last Sunday that SKYD Token exemplifies the power of tokenized finance, offering a novel …

Ondo Invests $25m in Figure’s Yield-Bearing Stablecoin

We’re excited to share that Ondo Finance has made a $25 million strategic investment in YLDS, the yield-bearing stablecoin issued by Figure Certificate Company (FCC), a subsidiary of Figure Technology Solutions. This investment will be used as part of the backing of the Ondo Short-Term US Treasuries Fund (OUSG), Ondo’s flagship tokenized fund. The addition of $YLDS will enhance and diversify the yield source supporting OUSG, complementing a port…

Ondo YLDS Investment Boosts Tokenized U.S. Treasuries Fund

Ondo Finance has made a major move in the crypto world. The company is investing $25 million in Figure’s YLDS, a yield-bearing stablecoin. This investment will help support Ondo’s tokenized U.S. Treasuries fund (OUSG), which already includes products from BlackRock, Fidelity and Franklin Templeton. Why Ondo Is Diversifying Ondo says it wants to diversify its fund’s assets. Currently, the fund depends heavily on tokenized Treasuries from big fina…