ONDO Finance, A Vibration -based real asset platformThe two companies said on Tuesday that they brought its US $ 185 million US financial to the XRP LEDGER network centered on the enterprise to expand the issuance of the institution.
ONDO short -term US government Treasury tokens received the support of BlackRock’s institutional digital liquidity fund (Buidl), and allowed qualified investors to use RLUSD Stablecoin’s Rlusd StableCoin instantly. Deployment settings to online In the next six monthsONDO Finance said in a blog post.
The founders of XRP LEDGER Ripple and ONDO Finance both invested seed investment in the tokens of XRP LEDGER to obtain preliminary liquidity. They did not reveal the size of the distribution.
The ages of assets (RWA) in the real world are a rapidly growing industry, involving traditional financial assets such as bonds, credit, and funds on behalf of the blockchain. Compared with traditional banking management, participants do so to pursue faster settlements and improve efficiency.
The header of the US Treasury has taken the lead in leading this trend. In the past year, it has been more than three times, and it has become a $ 3.5 billion asset category. rwa.xyz data show.
Markus Intanger, senior vice president of XRP LEDGER Development Corporation, said: “The 24/7 all -weather settlement enabled by token such as token and other token marks the change of capital flow management, which has got rid of traditional transactions and slow settlements.” In a statement. “These low -risk, high -quality liquidity choices not only provide investors with better accessibility, but also bring greater stability to the blockchain -based market.
OUSG follows the second label fiscal product on the XRP Ledger. Ethereum, polygon, and Solana can be used before OUSG.
