Ondo Finance and Assetera have partnered to offer Ondo Short-Term US Government Treasuries (OUSG) tokenized funds in the European market through the Assetera platform. This move opens up high-quality investment products to new markets.
OUSG and Its Backing
Ondo Short-Term US Government Treasuries (OUSG) is a yield-bearing investment product supported by giants such as BlackRock USD Institutional Digital Liquidity Fund. It offers investors access to short-term US Treasuries and GSE funds from Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital.
Expansion into Europe and Polygon Network
Prior to the expansion, OUSG could be minted and redeemed across Ethereum, Solana, and Polygon. Now, with the latest changes, it will also be available onchain on Polygon. Assetera's platform, built on Polygon, is known as a destination for institutional investors in Europe who seek a compliance and security-focused platform.
Partnership with World Liberty Financial
The partnership with World Liberty Financial (WLFI), backed by Donald Trump Jr., opens new prospects for Ondo Finance. WLFI is considering integrating tokenized assets like OUSG and USDY into its financial network. Speaking about the partnership, Donald Trump Jr. emphasized it as a major step in merging traditional finance with blockchain technology.
Ondo Finance and Assetera are opening new opportunities for investors in the European market by providing access to high-quality financial products. This partnership expands investment horizons and strengthens the connection between traditional financial instruments and blockchain technologies.