Today, February 11, World Liberty Financial (WLFI) and Ondo Finance announced the launch of a partnership aimed at promoting tokenized real-world assets and bringing traditional finance on blockchain.
Exploring Integration of Ondo's Tokenized Assets
WLFI is exploring the possibility of integrating tokenized assets from Ondo Finance into its network, including financial instruments such as the US Dollar Yield Token (USDY) and short-term US government treasuries (OUSG), available to non-US persons outside the USA.
User Benefits of Integration
WLFI plans to integrate USDY, OUSG, and tokenized securities from the upcoming Ondo Global Markets to provide users with seamless lending, borrowing, and margin trading benefits. The new partnership positions WLFI as a strategic collaborator in Ondo's efforts to scale its platform, Ondo Global Markets.
Aligning Traditional Financial Systems with Blockchain Innovation
Donald Trump Jr., Web3 Ambassador at WLFI, pointed out that this new collaboration with Ondo marks a significant move towards aligning traditional financial systems with blockchain innovations. He also noted that integrating Ondo's tokenized assets offers secure yield and unmatched access to traditional financial assets.
The new partnership between WLFI and Ondo Finance marks a significant milestone in the shared strategy of both companies to introduce tokenization of traditional assets into blockchain, opening up new opportunities for users around the globe.
