What is Ondo?

Just like Vanguard revolutionized traditional investing by making mutual funds accessible to everyday investors, Ondo brings traditional financial instruments like bonds and Treasury assets onto the blockchain, making them more accessible, liquid, and transparent for a new generation of investors.

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Ondo Finance is a decentralized finance (DeFi) platform that bridges traditional finance with blockchain technology. Its mission is to make institutional-grade financial products more accessible by tokenizing real-world assets, such as U.S. Treasury bonds, and bringing them on-chain. This approach allows investors to engage with traditional financial instruments through the transparency and efficiency of blockchain.

Backers

• Founders Fund: Led by Peter Thiel, this venture capital firm co-led Ondo's $20 million Series A funding round in April 2022, marking its first lead investment in a token-based project.

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• BlackRock: Ondo Finance has integrated BlackRock's tokenized fund, BUIDL, into its platform to enhance the efficiency of its U.S. Treasury-backed token, OUSG. This collaboration allows for instant settlements and improved transaction speeds, demonstrating a mutual interest in advancing tokenized real-world assets within the financial ecosystem.

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• Pantera Capital: A leading blockchain-focused investment firm that co-led the Series A round, demonstrating confidence in Ondo's mission to bridge traditional finance with DeFi.

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• Coinbase Ventures: The investment arm of Coinbase participated in the Series A funding, indicating support from one of the largest cryptocurrency exchanges.

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• Tiger Global Management: A globally recognized investment firm that joined the Series A round, highlighting institutional interest in Ondo's innovative financial solutions.

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• GoldenTree Asset Management: A respected asset management firm that invested in Ondo, reflecting confidence in the platform's potential to offer structured financial products in the DeFi ecosystem.

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• Wintermute: A leading algorithmic trading firm in digital assets, contributing to Ondo's funding and bringing expertise in liquidity provision.

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• Flow Traders: A global financial technology-enabled liquidity provider that participated in the investment round, supporting Ondo's mission to enhance liquidity in DeFi markets.

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• Steel Perlot: A deep tech management company led by former Google CEO Eric Schmidt, whose involvement signifies recognition of Ondo's technological innovation.

Use Case

A primary application of Ondo Finance is the tokenization of debt instruments, like corporate bonds. By converting these traditionally illiquid assets into digital tokens, Ondo enables fractional ownership and easier trading on blockchain platforms. This process enhances liquidity and provides investors with more accessible entry points into markets that were previously difficult to access.

Why It Will Thrive

Ondo Finance is set for future success because it bridges traditional finance and blockchain by tokenizing real-world assets like U.S. Treasury bonds. This approach makes these assets more accessible, liquid, and efficient to trade, addressing key inefficiencies in traditional markets.

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Just as Vanguard transformed investing by making mutual funds and ETFs accessible to everyday investors, Ondo Finance is revolutionizing access to real-world financial assets through tokenization.

For instance, Vanguard enabled millions of people to invest in diversified portfolios of stocks and bonds at a low cost, previously accessible only to institutional players. Similarly, Ondo allows individuals to invest in tokenized assets like U.S. Treasury bonds and corporate debt, which were traditionally difficult to access or required high capital thresholds.

As tokenized finance grows, Ondo’s ability to offer these assets with increased liquidity, transparency, and efficiency could position it as a Vanguard of the blockchain era, empowering a new wave of investors to participate in global financial markets.