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The Daily Hodl 2025-02-12 23:01:32

President Trump’s World Liberty Financial Forms Partnership With Ondo Finance To Boost RWA Adoption

President Trump’s World Liberty Financial Forms Partnership With Ondo Finance To Boost RWA Adoption

President Donald Trump’s new decentralized finance (DeFi) project is partnering with real-world asset (RWA) tokenization protocol Ondo Finance ( ONDO ) to boost RWA adoption. In a new thread on the social media platform X, the development team behind Ondo Finance says it’s collaborating with World Liberty Financial (WLFI) as a means of bringing traditional finance to the world of blockchains. According to Ondo, WLFI is adding Ondo’s tokenized assets – such as the stablecoin Ondo US Dollar Yield ( USDY ) and the Ondo Short-Term US Treasuries Fund ( OUSG ) – into its network as treasury reserve assets. Furthermore, WLFI is planning on integrating USDY, OUSG and other tokenized securities from Ondo’s upcoming global markets into its network as a means of enabling seamless borrowing, lending, and margin trading for eligible customers. “Through this collaboration, World Liberty Financial plans to become a strategic collaborator in Ondo’s journey to scale Ondo Global Markets, a platform designed to enable the tokenization of traditional financial assets like stocks and bonds.” As stated by Donald Trump Jr., the “Web3 Ambassador” at WLFI, “Our collaboration with Ondo Finance marks a significant step forward in aligning traditional financial systems with blockchain innovation. By integrating Ondo’s tokenized assets, we’re providing our network with access to traditional financial assets and new yield opportunities.” Current data from blockchain intelligence firm Arkham shows that WLFI currently holds about $465,000 worth of ONDO. ONDO is trading for $1.37 at time of writing, a 1.6% increase during the last 24 hours. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Natalia Siiatovskaia/Tithi Luadthong The post President Trump’s World Liberty Financial Forms Partnership With Ondo Finance To Boost RWA Adoption appeared first on The Daily Hodl .

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine