Ondo Finance and WLFI have announced a collaboration to integrate tokenized assets like USDY and OUSG into the WLFI network. These assets will be used as treasury reserves and will only be available to non-US persons, adhering to legal restrictions.
Integration of Ondo's Tokenized Assets into WLFI
WLFI is set to include tokenized securities from Ondo's Global Markets platform into its ecosystem. This move allows users to seamlessly engage in borrowing, lending, and margin trading powered by Ondo's tokenized assets. The agreement also provides access to thousands of real-world assets, all fully onchain.
Ondo Finance's Position in the Tokenized Assets Market
According to RWA.xyz, the tokenized treasuries market has surpassed $3.6 billion, with Ondo Finance leading the way, serving over 10,000 asset holders. This represents 80% of the market.
Significance of the Partnership for Market Participants
Donald Trump Jr., Web3 Ambassador at World Liberty Financial, emphasized the collaboration's importance, stating, 'Our collaboration with Ondo Finance marks a significant step forward in aligning traditional financial systems with blockchain innovation. By integrating Ondo's tokenized assets, we're providing our network with access to traditional financial assets and new yield opportunities.'
The partnership between Ondo Finance and WLFI signifies a major step toward bridging traditional finance with modern digital solutions.
