Founded in 2021 by former Goldman Sachs digital assets team members, Ondo Finance's mission is to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi). The company specializes in creating and managing tokenized financial products, primarily focusing on US Treasuries and money market funds. Its flagship products, such as OUSG (backed by a BlackRock short-term US Treasury bond ETF) and OMMF (backed by a US government money market fund), provide stable, US dollar-denominated yield to on-chain investors, DAOs, and institutional players, offering a lower-risk alternative within the volatile crypto ecosystem.

Founded in

United States