blockchain

World Liberty Financial has announced a strategic partnership with Ondo Finance to advance the adoption of tokenized real-world assets (RWAs) and integrate traditional finance into the blockchain ecosystem.

Through this collaboration, Ondo’s tokenized assets will be incorporated into the World Liberty Financial (WLFI) network as treasury reserve assets, strengthening its financial infrastructure.

Donald Trump Jr., serving as the Web3 Ambassador for World Liberty Financial, expressed enthusiasm for the collaboration in a recent blog post. He highlighted the integration of Ondo’s tokenized assets as a way to provide secure yield and access to traditional financial assets for the WLFI network.

This announcement follows a series of initiatives by the two companies. On February 5, Ondo Finance launched its Ondo Global Markets platform, aimed at providing onchain exposure to U.S. stocks, bonds, and exchange-traded funds. The following day, Ondo Finance introduced Ondo Chain, a new Layer 1 blockchain designed to foster the development of institutional-grade financial markets on the blockchain.

Ondo Finance has witnessed a surge in its total value locked (TVL), reaching $650 million after the inaugural Ondo Summit last week. This growth is a substantial increase from $192 million the previous year and contributes to the total TVL of the top 15 RWA protocols, which now stands at $7.68 billion.

In addition to integrating tokenized securities from Ondo’s Global Markets platform, World Liberty Financial plans to incorporate USDY and OUSG tokens into its upcoming WLFI platform. This integration is expected to enable borrowing, lending, and margin trading for its users. However, the availability of these assets to U.S. users remains uncertain due to regulatory constraints.

On the launch day of Ondo's blockchain, World Liberty Financial invested approximately $470,000 in Ondo Finance's native token. Nathan Allman, CEO of Ondo Finance, expressed excitement about working with World Liberty Financial to extend the advantages of tokenized RWAs to their platform and users.

Despite World Liberty Financial experiencing a significant drawdown in its treasury, which now holds about $35 million in various tokens, the company is moving forward with its strategy to create a "strategic reserve" with the acquired tokens. This move comes after the company transferred millions of dollars worth of tokens on February 3.

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