Ondo Finance has made a major upgrade to its on-chain investment ecosystem. The company announced a 25 million strategic investment in YLDS. YLDS is the yield-bearing stablecoin created by Figure Certificate Company. FCC is a subsidiary of Figure Technology Solutions.
The new capital will support the Ondo Short-Term US Treasuries Fund. The fund is known as OUSG. It is one of the largest tokenised Treasury products in the market today. The addition of YLDS adds a fresh and diversified yield source to the product.
OUSG already invests in funds managed by some of the biggest names in traditional finance. These include BlackRock, Fidelity, Franklin Templeton, WisdomTree, and Wellington. YLDS now joins this lineup. It strengthens OUSGs position as a trusted on-chain investment vehicle.
