President Donald Trump\u2019s new decentralized finance (DeFi) project is partnering with real-world asset (RWA) tokenization protocol Ondo Finance (ONDO<\/a>) to boost RWA adoption.<\/p>\n In a new thread on the social media platform X, the development team behind Ondo Finance says<\/a> it\u2019s collaborating with World Liberty Financial (WLFI) as a means of bringing traditional finance to the world of blockchains.<\/p>\n According to Ondo, WLFI is adding Ondo\u2019s tokenized assets \u2013 such as the stablecoin Ondo US Dollar Yield (USDY<\/a>) and the Ondo Short-Term US Treasuries Fund (OUSG<\/a>) \u2013 into its network as treasury reserve assets.<\/p>\n Furthermore, WLFI is planning on integrating USDY, OUSG and other tokenized securities from Ondo\u2019s upcoming global markets into its network as a means of enabling seamless borrowing, lending, and margin trading for eligible customers.<\/p>\n \u201cThrough this collaboration, World Liberty Financial plans to become a strategic collaborator in Ondo\u2019s journey to scale Ondo Global Markets, a platform designed to enable the tokenization of traditional financial assets like stocks and bonds.\u201d <\/em><\/p>\n As stated by Donald Trump Jr., the \u201cWeb3 Ambassador\u201d at WLFI,<\/p>\n \u201cOur collaboration with Ondo Finance marks a significant step forward in aligning traditional financial systems with blockchain innovation. By integrating Ondo\u2019s tokenized assets, we\u2019re providing our network with access to traditional financial assets and new yield opportunities.\u201d <\/em><\/p>\n Current data from blockchain intelligence firm Arkham shows<\/a> that WLFI currently holds about $465,000 worth of ONDO.<\/p>\n ONDO is trading for $1.37 at time of writing, a 1.6% increase during the last 24 hours.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Featured Image: Shutterstock\/Natalia Siiatovskaia\/Tithi Luadthong<\/em><\/span><\/p>\n<\/p><\/div>\n
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