Ondo Finance, a leading institutional-grade tokenized asset platform, announced today a $25 million strategic investment into YLDS, the yield-bearing stablecoin issued by Figure Certificate Company (FCC), a subsidiary of Figure Technology Solutions Inc.

The investment will be deployed as part of the underlying collateral for Ondo’s flagship Short-Term U.S. Government Treasuries fund (OUSG), further diversifying the fund’s yield sources and strengthening its position as one of the largest and most liquid tokenized treasury products in the market.

OUSG, which currently manages around $780 million in total value locked, now incorporates exposure to YLDS alongside funds from some of the world’s largest traditional asset managers, including:

• BlackRock’s BUIDL
• Fidelity’s FDIT
• Franklin Templeton’s BENJI
• WisdomTree’s WTGXX
• Wellington Management and FundBridge Capital’s ULTRA
• Figure’s YLDS

The addition of YLDS complements OUSG’s existing portfolio and enhances the product’s yield profile while maintaining its core features: instant 24/7 subscriptions and redemptions, daily interest accruals, low fees, and native multi-chain support across Ethereum, Solana, Ripple, and Polygon.

Ian De Bode, President of Ondo Finance, added: “Our investment in $YLDS strengthens OUSG’s position as the leading on-chain vehicle for institutional clients. Figure has built robust infrastructure for tokenized lending, and integrating $YLDS into OUSG’s yield strategy further diversifies and institutionalizes the ecosystem supporting our products.”

Read More:
https://ondo.finance/blog/ondo-ylds-25m-investment