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HomeExchangeOndo Finance raises the bar for RWA platforms to $600m TVL

Ondo Finance raises the bar for RWA platforms to $600m TVL

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Ondo Finance raises the bar for RWA platforms to $600m TVL

  • Ondo Finance exceeds US$600 million in Complete Worth Locked (TVL) throughout its income merchandise.
  • USDY and OUSG drive Ondo Finance's success, securing US$384 million and US$221 million in TVL.
  • Ondo Finance's valuation approaches US$1 billion because it leads the tokenized treasury market within the RWA sector.

Ondo Finance has achieved a significant milestone, surpassing USD 600 million in Complete Worth Locked (TVL) throughout its income merchandise. The platform now holds $384 million in USDY and $221 million in OUSG, cementing its place because the main issuer of tokenized T-bills. Sharing the announcement in a latest publish, Ondo Finance celebrated this achievement because it continues to cleared the path within the Actual Belongings (RWA) sector.

Launched in January 2024, Ondo Finance has shortly change into a significant participant within the Actual World Belongings (RWA) sector. With a present market cap approaching $1 billion…

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The publish Ondo Finance Raises Bar for RWA Platforms, Hits $600M TVL appeared first on Coin Version.

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