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Home Gold News Liberty Financial and Ondo Finance Partner for Asset Tokenization

Liberty Financial and Ondo Finance Partner for Asset Tokenization

by anna

World Liberty Financial has announced a strategic partnership with Ondo Finance to advance the integration of traditional finance into the blockchain ecosystem. The partnership aims to accelerate the adoption of tokenized real-world assets (RWA) and use these assets to strengthen financial infrastructure.

Under the partnership, Ondo’s tokenized assets will be incorporated into World Liberty Financial’s (WLFI) network and used as treasury reserve assets. This development aims to strengthen financial infrastructure and increase the adoption of blockchain-based systems.

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World Liberty Financial’s Web3 Ambassador Donald Trump Jr. expressed his excitement for the partnership on the company’s blog, stating that the integration of Ondo’s tokenized assets into the WLFI network is an important step towards providing secure returns and access to traditional financial assets.

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This announcement follows a series of initiatives that the two companies have previously launched. On February 5, Ondo Finance introduced its Ondo Global Markets platform, which aims to provide access to U.S. stocks, bonds, and exchange-traded funds via blockchain. A day later, Ondo Finance announced Ondo Chain, a new Layer 1 blockchain that aims to promote the development of institutional-level financial markets.

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Following the Ondo Summit held last week, Ondo Finance saw a significant increase in total value locked (TVL), reaching $650 million. This is a significant increase from the $192 million TVL value last year, while contributing $7.68 billion to the total TVL of the top 15 RWA protocols.

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In addition to integrating tokenized securities into Ondo’s Global Markets platform, World Liberty Financial plans to include USDY and OUSG tokens on its upcoming WLFI platform. This integration will allow users to borrow, lend, and trade on margin. However, it is unclear whether these assets will be available to US users due to regulatory restrictions.

World Liberty Financial invested approximately $470,000 in Ondo Finance’s native token on the launch day of Ondo’s blockchain. Ondo Finance CEO Nathan Allman shared his excitement about collaborating with World Liberty Financial to further expand the benefits that tokenized RWAs provide to their platform and users.

Meanwhile, World Liberty Financial continues its strategy of creating “strategic reserves” despite experiencing a significant decrease of approximately $35 million in its treasury after transferring millions of dollars worth of tokens on February 3.

This article was created, translated, and reviewed by an editor with the help of AI. For more information, please refer to our Terms and Conditions.

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