Ondo Finance invests $25 million in Figure to promote the OUSG stablecoin.

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ONDO-0,66%

BlockBeats news, on November 24, according to official news, Ondo Finance announced an investment of $25 million into Figure's yield-bearing stablecoin YLDS, aimed at enhancing the revenue sources of its flagship tokenization fund OUSG and improving diversification. OUSG currently has a TVL of over $780 million, with underlying allocations to institutional products from BlackRock, Fidelity, Franklin Templeton, WisdomTree, and FundBridge Capital.

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