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Ondo Finance has purchased $25 million of YLDS, the yield-bearing stablecoin issued by Figure Technology Solutions, to diversify the assets backing its tokenized US Treasurys fund.The company said Monday that YLDS will be added to a reserves portfolio that already includes tokenized Treasury product…
Ondo Finance (ONDO) has risen as one of the top performers in the market this week, surging 20% to trade around $1.10. The rally comes as demand for real-world asset (RWA) tokenization accelerates, pushing Ondo’s TVL to record highs.The recently launched Ondo Global Markets platform has been a major…
Key takeaways:Web3 daily activity held steady at 24 million in Q2 2025, but sector composition is shifting.DeFi leads transaction counts with 240 million weekly, yet Ethereum gas usage is now dominated by the RWA, DePIN and AI.Smart contract platforms’ coins and yield-generating DeFi and RWA tokens …
New data from RWA.xyz, a platform tracking tokenized real-world assets, shows that six entities are responsible for 88% of all tokenized US Treasurys. The data suggests a concentration among a few funds as the market continues to develop.The largest issuer of tokenized treasures continues to be Blac…
Tokenized real-world assert (RWA) issuer Ondo Finance has joined the Mastercard network that connects financial institutions with businesses to improve cross-border payments.Ondo's Short-Term U.S. Government Treasuries Fund (OUSG) investment product will be available to businesses on Mastercard's Mu…