Ondo Finance Partners with WLFI to Bring Traditional Finance Onchain
These assets, however, will only be available to non-US persons and outside the US, in line with legal restrictions. Let’s discover more about this news for WLFI.
WLFI is also set to include USDY and OUSG. So, tokenized securities from Ondo’s upcoming Global Markets platform into its ecosystem. This means eligible users can look forward to seamless borrowing, lending, and margin trading. All are powered by Ondo’s innovative tokenized assets. Through this partnership, WLFI aims to position itself as a key collaborator in Ondo’s effort to scale the Ondo Global Markets platform. This aims to be a space designed to facilitate the tokenization of traditional assets like stocks and bonds.
As part of the deal, qualifying WLFI users will gain access to Ondo Global Markets’ tokens. It offers them exposure to thousands of real-world assets, all fully onchain. With this move, the partnership promises to bring more traditional financial assets into the blockchain fold.
Donald Trump Jr., Web3 Ambassador at World Liberty Financial, expressed his excitement about the collaboration, stating, “Our collaboration with Ondo Finance marks a significant step forward in aligning traditional financial systems with blockchain innovation. By integrating Ondo’s tokenized assets, we’re providing our network with access to traditional financial assets and new yield opportunities.” This statement highlights the potential of blockchain technology to bridge the gap between traditional finance and modern digital solutions.
According to RWA.xyz, the tokenized treasuries market has now surpassed $3.6 billion, with over 13,000 participants. Ondo Finance is proud to be the leading solution in this space, serving more than 10,000 holders—representing 80% of the market.
This significant market share highlights Ondo’s dominance and reputation in tokenized treasuries.
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1/ We’re excited to announce a strategic collaboration with @worldlibertyfi (WLFI) to advance the adoption of tokenized real-world assets and bring traditional finance onchain. WLFI is exploring the integration of Ondo’s tokenized assets into the WLFI network as treasury reserve Show more
2024 was the year of Tokenized Treasuries: - Total value exploded 5x to $4 billion - Hashnote scaled from $0 to $1.6 billion - BlackRock, UBS, and Guggenheim entered the market Here's what happened and what comes next:
