Ondo Finance has achieved a significant milestone with its total value locked (TVL) across yield-bearing products surpassing $420 million. This makes Ondo Finance the largest provider of tokenized US Treasuries. The platform's assets under management (AUM) have also reached $1.2 billion, highlighting its strong utility in the realm of Real World Assets (RWAs). Injective, one of the first chains to support Ondo's tokenized treasury product $USDY, has further cemented its position as a leading Layer 1 blockchain for both interoperability and RWAs.
#ONDO's TVL has been steadily increasing, with a market cap reaching $1.2B, showcasing strong utility in #RWA. https://t.co/coBHe9deEC
#ONDO's TVL skyrockets to $1.2B, proving its powerhouse utility in #RWA! https://t.co/hqwjQy4ysT
Major congrats to @OndoFinance on the new milestone! Injective is one of the first ever chains to support Ondo’s tokenized treasury product $USDY The integration with Ondo cemented Injective’s position as a leading L1 for both interoperability and Real World Assets (RWAs). https://t.co/GkKEulzR9u