Ondo Finance has introduced Ondo Nexus, a new initiative that aims to increase liquidity for the treasury to token to the token through extended issuing involvement and 24/7 redemption capabilities.
Nexus Takes advantage of The urgent mint and redemption facilities of OUSG offer the third-party issuer with better liquidity for the treasury with tokens, or “yield”.
The initiative expands the support of OUSG to include Treasury to the Treasons from Franklin Templeton, Wisdomistry, Wellington Management and Fundbridge Capital.
Additionally, Ondo Nexus integrates liquidity from existing partners such as blackrock and paypal.
Nathan Allman, CEO of Ondo Finance, said that Ondo represents a significant advancement in the Ondo Nexus token Treasury and the assets category of the wider real world, emphasizing that to diversify the eligible collateral, they modular Developing infrastructure that enables stamized treasurers to share. Various products.
Ondo Finance is the only token treasury provider that offers 24/7 redemption to investors at any cost. Currently, the OUSG allows redemption against USDC, expected to be added soon with PayPal USD.
Ondo Nexus Partner will enable the seamless redemption of the treasury token in various stabblecoin from the release, leading to further enhance the liquidity and utility of the asset class.
The total value locked in 2024 has increased to the token treasury sectors by moving beyond $ 3 billion. With Ondo Nexus, Ondo Finance aims to strengthen the onchain financial infrastructure, reducing the difference between traditional finance and decentralized finance.
