Ondo Finance has announced a $25 million investment in Figure's yield-generating stablecoin YLDS. This strategic move aims to enhance the yield sources and diversify the portfolio of Ondo's flagship tokenized fund, OUSG. Currently, OUSG boasts a total value locked (TVL) exceeding $780 million, with underlying assets managed by prominent institutions such as BlackRock, Fidelity, Franklin Templeton, WisdomTree, and FundBridge Capital.
Ondo Finance Invests $25 Million in Figure's Yield Stablecoin YLDS
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
