Ondo Finance pioneers real-world asset (RWA) tokenization, specializing in tokenized U.S. Treasuries and bonds. Its flagship product, USDY, is a yield-bearing stablecoin backed by short-term Treasuries, offering 5.2% APY. With $34M funding from Pantera Capital and partnerships like BlackRock’s BUIDL, Ondo bridges TradFi and DeFi via cross-chain interoperability (e.g., Cosmos IBC).
Launched: Jan 2021
Total SCORE
84
TPS