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Several partnerships and integrations have been announced in the DeFi space, with companies like Ondo Finance, Aptos Network, and Thala Labs collaborating to bring real-world assets onto the blockchain. Ondo Finance has integrated its tokenized U.S. treasury-backed product, USDY, onto layer 1 Aptos, with Thala Labs integrating USDY as a collateral asset. These partnerships aim to revolutionize the blending of traditional finance with DeFi, enhancing capital efficiency and accessibility in the blockchain ecosystem.
The Ondo USDY price feed is now live! @OndoFinance is marking a groundbreaking step in bringing real-world assets (RWA) on-chain! #PluggedinbySwitchboard ๐ https://t.co/K703fOXYoY
People should have their CAKE and be able to eat it, too. With orchestration, intricate cross-chain interactions are abstracted away so developers can bake up sweet, user-friendly applications ๐ง We're thrilled to be among the teams in the inaugural CAKE Working Group ๐ฐ https://t.co/k3AKPv9IOa
โจ @ThalaLabs partners with @OndoFinance โจ This collaboration will see $USDY launching in #Thalaโs AMM pools, enhancing liquidity options for users ๐ฝ VISIT https://t.co/y5juVe6SGx #Definews https://t.co/7xjCjELLPs
