Ondo Nexus, a tech initiative designed to unlock instant liquidity for third-party issuers of tokenized Treasuries (that being, yieldcoins) has now officially been launched.
Leveraging OUSG’s minting and redemption capabilities, Ondo Nexus enhances the “liquidity and utility of tokenized Treasuries while building foundational infrastructure for the broader RWA category.”
As part of this initiative, Ondo is reportedly “diversifying the backing of OUSG to include tokenized Treasuries from Franklin Templeton, WisdomTree, Wellington Management and Fundbridge Capital, while leveraging the 24/7 liquidity available through relationships with BlackRock, PayPal.”
Nathan Allman, CEO of Ondo Finance said:
“Ondo Nexus represents the next step in advancing tokenized Treasuries and the broader RWA category,. We are excited to further strengthen our relationships with Franklin Templeton, WisdomTree, Wellington Management and Fundbridge Capital, while driving the convergence between traditional finance and DeFi. By diversifying our eligible collateral, we are building modular infrastructure that enables shared redeemability of tokenized Treasuries to stablecoins across products and supports a wide range of future tokenized financial offerings.”
Ondo Finance says that it remains the “only” provider of tokenized Treasuries offering “24/7 redemptions at no cost to investors.”
At present, OUSG allows redemptions against USDC, with PayPal USD (PYUSD) expected to be “added soon.”
With Ondo Nexus, investors in tokenized Treasuries from partner issuers will be able to “redeem their assets against a variety of stablecoins, enhancing liquidity and utility across the ecosystem.”
This infrastructure enhances the utility of tokenized Treasuries, “advancing the investability of the RWA space and instilling greater confidence in the liquidity of onchain holdings.”
The tokenized Treasuries category surpassed “$3 billion in total value locked (TVL) in 2024, making it the fastest-growing segment within the RWA ecosystem.”
Maredith Hannon, Head of Business Development, Digital Assets at WisdomTree, said:
“We are committed to building innovative products and offering them through a seamless, easy to use experience for the crypto-native community. This includes the ability to natively peer-to-peer transfer tokens and access the platform via API or web portal. Ondo’s investment through WisdomTree Connect underscores the utility and value of tokenized real world assets.”
Ian De Bode, Ondo Finance’s Chief Strategy Officer said:
“Diversification is a meaningful part of liquidity and access across more ecosystems, and through our investment in WisdomTree tokenized assets, Ondo Finance is thrilled to be onboarded to WisdomTree Connect.”
