Ondo Finance integrates tokenized treasury bills into Aptos
Ondo Finance, a platform for tokenizing real-world assets (RWA), has integrated its tokenized US Treasury bond-backed product (USDY) into Layer-1 Aptos. Aptos, founded by former Meta employees Mo Shaikh and Avery Ching, is the latest network to offer Ondo USDY. The USDY yield token can also be used on Ethereum, Solana, and Mantle. The integration of USDY is part of a broader partnership between Ondo and the Aptos Foundation, with both companies exploring solutions to combine on-chain and real-world asset yields on Aptos.
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