WLFI Partners with Ondo Finance for Tokenized Real-World Assets

World Liberty Financial (WLFI), backed by Donald Trump Jr., has announced a strategical concern with Ondo Finance to integrate tokenized real-world assets into its ecosystem. 

The concern aims to span accepted concern (TradFi) with blockchain technology, offering institutional-grade solutions for plus tokenization.

WLFI Partners with Ondo Finance, Source: X

As per the partnership, WLFI is investigating the anticipation of incorporating Ondo’s tokenized assets arsenic reserve assets wrong its fiscal network, specified arsenic OUSG (a tokenized signifier of short-term U.S. Treasury bonds) and USDY (a yield-bearing USDC token).

Additionally, these assets volition beryllium accessible for borderline trading, lending, and borrowing connected the WLFI platform, giving consumers entree to further concern options. Tokenized assets from Ondo’s aboriginal Global Markets, which supply on-chain entree to equities, bonds, and ETFs, volition besides beryllium included by WLFI.

Donald Trump Jr. stated that partnering with Ondo Finance is simply a large measurement successful merging accepted concern with blockchain. He emphasized that integrating Ondo’s tokenized assets volition springiness WLFI’s web entree to accepted fiscal instruments and caller output opportunities.

This concern comes aft WLFI precocious invested $4.7 cardinal USDC to bargain 342,000 ONDO tokens. Ondo Chain, a permissioned Layer 1 blockchain created to tokenize carnal assets for organization finance, was introduced concurrently with the investment. As a effect of the market’s affirmative reaction, ONDO’s terms increased.

Nathan Allman, CEO of Ondo Finance, emphasized that the concern volition bring tokenized real-world assets to WLFI’s level and users. He noted the expanding request for institutional-grade on-chain solutions that connection stability, liquidity, and inferior astatine scale.

Also Read: World Liberty: No WLFI Token Sales, Just Asset Reallocation