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Ondo Finance to Launch First Tokenized US Treasury Fund on Sei

Summary: In a breaking announcement, RWA protocol Ondo Finance revealed that it will be launching its USD income fund USDY on the Sei network. The Ondo team emphasized that this is the first tokenized US Treasury product on a scalable blockchain. Ondo has a close relationship with World Liberty Financial, supported by the Trump family, which ...

In a breaking announcement, RWA protocol Ondo Finance revealed that it will be launching its USD income fund USDY on the Sei network. The Ondo team emphasized that this is the first tokenized US Treasury product on a scalable blockchain. Ondo has a close relationship with World Liberty Financial, supported by the Trump family, which has purchased ONDO tokens as part of its strategic token reserve. (The Block)

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