Crypto Finance: Ondo Allocates $25M to Figure’s YLDS to Boost OUSG Expansion

Investment Overview: Ondo Finance has invested over $25 million in YLDS, a yield-bearing stablecoin from Figure, to enhance the Ondo Short-Term US Treasuries Fund (OUSG) and diversify its yield sources.

Partnership Significance: The investment deepens the relationship between Ondo and Figure, coinciding with Figure's recent IPO and aiming to modernize capital markets.

OUSG Growth: OUSG has reached over $780 million in total value locked, providing features like 24/7 subscriptions, daily interest accruals, and low fees, positioning it as a leading onchain vehicle for institutional clients.

Future Prospects: The partnership is expected to accelerate institutional adoption of onchain finance and support the growth of Figure’s ecosystem, particularly in Democratized Prime, where YLDS serves as the primary exchange collateral.