Ondo, a prominent entity in the real-world asset (RWA) sector, has invested $25 million into Figure's YLDS token on the Solana blockchain. This strategic move underscores the increasing institutional trust in Solana's ability to manage substantial financial transactions.
Solana's RWA total value locked (TVL) has surged by 365% this year, reaching $807 million. Ondo's investment is seen as a significant endorsement of Solana's infrastructure for real-world asset settlement, further solidifying its position in the blockchain ecosystem.
Ondo Invests $25M in Figure's YLDS on Solana, Boosting RWA Growth
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