PANews reported on November 24 that, according to Ondo Finance's official website, Ondo has invested $25 million in YLDS, a yield-generating stablecoin issued by Figure subsidiary FCC, as backing assets for its flagship tokenized short-term US Treasury bond fund, OUSG. The fund currently has over $780 million locked in total assets, and its portfolio includes funds issued by several institutions such as BlackRock, Fidelity, Franklin, and WisdomTree.
Ondo invested $25 million in Figure's YLDS stablecoin to enhance its OUGG yield strategy.
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Author: PA一线
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