WLFI Partners with Ondo Finance to Enhance RWA Tokenization Efforts
Tokenization of real-world assets (RWA) is gaining traction in crypto. World Liberty Financial (WLFI), supported by Donald Trump, partnered with Ondo Finance to enhance investor access to asset-backed digital assets.
Key Developments
- WLFI plans to integrate treasury reserve assets into its platform.
- The partnership aims to promote financial inclusion and market liquidity.
- Tokenized assets like Short-Term US Government Treasuries (OUSG) and US Dollar Yield (USDY) will be included.
- Future integration will allow users to access tokenized securities from Ondo’s planned Global Markets.
- This platform will facilitate exposure to U.S. publicly traded securities for international investors.
Each token on Ondo's platform will be backed 1:1 by an underlying asset and transferable outside the U.S. The collaboration aims to provide new yield-generating opportunities for WLFI users.
WLFI has invested significantly in Ondo Finance, acquiring approximately 342,000 ONDO tokens worth $470,000 recently, continuing a strategy developed since last year.