Justin Schmidt

Wall Street 2.0 Is Coming The next era of finance will be revealed at our first-ever Ondo Summit. We can’t wait to show you what’s next. Save the date at summit.ondo.finance

We’re thrilled to announce that Ian De Bode has joined @OndoFinance as our new Chief Strategy Officer. As the former @McKinsey head of digital assets, Ian brings extensive experience. news.bloomberglaw.com/crypto… "I am honored to join Ondo Finance at this pivotal juncture," expressed Mr. De Bode. "As we witness the dawn of tokenization reshaping the financial landscape to be more inclusive, transparent, and efficient, I am excited to contribute my expertise. Institutional interest is at a turning point, and I am excited to strengthen new and existing institutional relationships and further advance Ondo's visionary product suite." "We are thrilled to welcome Ian to our team," stated @nathanlallman, CEO and Founder of Ondo Finance. "With his outstanding track record and forward-thinking approach to onchain finance, Ian brings a wealth of expertise that will undoubtedly catalyze transformative growth for an exciting new initiative and the broader ecosystem.” Welcome, Ian! This latest announcement follows a series of significant hires made by Ondo in the first quarter of this year. Notably, Chris Tyrrell, former @GoldmanSachs Head of Digital Assets Compliance, joined as Chief Risk and Compliance Officer, while Ashwin Khosa, previously of Institutional BD at @tether, assumed the role of VP of Business Development, and @KatieAWheeler, a former @BlackRock VP and @circle’s Director of Business Development in Web3, joined as VP of Partnerships.

📢 OUSG will soon offer 24/7/365 subscriptions and redemptions via USDC and transition its backing predominantly into the newly launched @BlackRock USD Institutional Digital Liquidity Fund (BUIDL). blog.ondo.finance/introducin…

.@JustinUS is discussing the future of RWAs on @EthereumDenver main stage!

The Ondo Team is making waves at @EthereumDenver! 🌊 @JustinUS, @KatieAWheeler, @susscrypto, @0xlil14n are all in attendance – Interested in our products? Eager to collaborate? Want to work with us? Reach out if you’d like to connect! Catch our team at the below events 👇📅 🎙️ @KatieAWheeler joins an AMA with @TACoalition at the unStable Summit, Wednesday, 28 February, 11:00am. 📌 un.stablesummit.xyz/ 🗣️ Other Speakers: @SmartestBeta @Coinbase, Colin Cunningham @chainlink, @MorganKrupetsky @AvaLabs, @itsbhaji @centrifuge 🎙️ @JustinUS joins the main stage for “Can RWAs Survive the Bull Market This Time?” Friday, 1st March, 3:55pm. 📌 ethdenver.com/ 🗣️ Other Speakers: @kaledora @ostium, @FinTech_Khan @centrifuge, @syrupsid @maplefinance, Crystal Kim 🎙️ The team join @SuiNetwork’s Sui Connect for a discussion “Beyond The EVM” Friday, 1st March, 4:10pm. 📌 eventbrite.com/e/sui-connect…

📣 Ondo Finance takes great pleasure in announcing our strategic partnership with Aptos Foundation, aimed at revolutionizing the integration of real world assets with blockchain technology on @Aptos_Network. 📣 This partnership not only signifies a major step forward in blockchain finance but also brings together two organizations with impressive institutional pedigrees and partnerships, including ties to @BlackRock and @GoldmanSachs. 📰 Check out the @DefiantNews article: thedefiant.io/ondo-brings-tr… ⚠️ Important: $USDY is not, and may not be, offered, sold, or otherwise made available in the US or to US persons. $USDY also has not been registered under the US Securities Act of 1933. 🪙 The collaboration is beginning with the native integration of Ondo's tokenized US Treasuries product, $USDY, onto the Aptos blockchain, setting the stage for a series of innovative financial products that leverage the unique strengths of both organizations. USDY currently exists natively only on Ethereum, Solana, and Mantle. 🔍 Looking beyond the immediate integration, Ondo is exploring innovative solutions that combine onchain native and real world asset yields on Aptos. This includes developing new staking and re-staking processes that enhance the utility of tokenized assets and the capital efficiency of the platforms that support them. 🛠️ Aptos, launched by a group of ex-Meta engineers, is uniquely suited for this ambitious project, thanks to its Move programming language, designed specifically for safety and flexibility in financial applications. The Move Prover and pre-transaction transparency features of Aptos ensure that the integration of $USDY and subsequent financial products will set new standards for security and efficiency in the DeFi space. 🌉 Ondo Finance, founded by veterans of Goldman Sachs's Digital Assets team, works closely with institutional-grade service providers like Blackrock. This foundation in traditional finance, combined with a forward-thinking approach to DeFi, positions Ondo to bridge the gap between conventional financial markets and the emerging blockchain ecosystem effectively. 🤝 The partnership between Ondo and Aptos Foundation is more than a technical integration; it's a strategic alliance aimed at creating a seamless experience that combines the reliability of traditional finance with the efficiency and accessibility of blockchain technology. This initiative will explore innovative solutions that integrate onchain native and real-world asset yields, leveraging both companies' expertise in finance and blockchain technology. 🗣️ @nathanlallman, CEO of Ondo Finance, expressed excitement about the collaboration, stating, "Joining forces with Aptos, a platform with deep institutional roots and a clear vision for the future of blockchain, amplifies our ability to deliver groundbreaking financial products. Together, we're set to redefine the landscape of digital finance." 🗣️ @BasharLazaar, Head of Grants & Ecosystem, Aptos Foundation, said, “A partnership forged in the spirit of redefining digital finance, Ondo Finance’s native integration onto Aptos is a step forward for accessible and seamless financial services. We are excited that the global community of builders and users will be able to tap into the tremendous potential of Ondo's technology, inching closer towards ubiquitous open finance”. 🌊 Ondo is further expanding the Aptos ecosystem through a significant integration with @ThalaLabs, a decentralized finance protocol on Aptos. This collaboration will see $USDY launching in Thala's AMM pools, enhancing liquidity options for users. Moreover, Thala plans to whitelist $USDY as collateral for its Collateralized Debt Positions (CDP), highlighting $USDY’s utility, composability, and trust within the DeFi ecosystem. 🗣️ @adamcader_, Co-Founder of Thala Labs, shared his enthusiasm: "We are excited to integrate USDY into the Thala ecosystem. This partnership with Ondo Finance not only diversifies the assets available within our AMM pools but also reinforces our commitment to providing secure and capital-efficient DeFi solutions. USDY's inclusion as a trusted collateral option marks a significant step towards achieving this goal."

📢 We're thrilled to announce our groundbreaking leap onto @SuiNetwork, bringing our premier tokenized US Treasuries product, $USDY, natively to the Sui community! 📢 This collaboration is set to enhance the accessibility of Real World Assets within Sui's rapidly expanding ecosystem. 📰 @TheBlock__: theblock.co/post/276334/ondo… ⚠️ Important: USDY is not, and may not be, offered, sold, or otherwise made available in the US or to US persons. USDY also has not been registered under the US Securities Act of 1933. 📈 In less than a year, Sui has emerged as a top 10 DeFi blockchain, showcasing a remarkable 1000% jump in Total Value Locked over just four months. This surge underscores Sui's remarkable potential and highlights the community's dedication to addressing real-world challenges with innovative DeFi solutions. 🪙 USDY is a tokenized note backed by short-term US Treasuries. Holders enjoy the utility of stablecoins while earning yield. 🌐 Sui aligns with Ondo's mission to democratize access to institutional-grade financial products. Sui's mainnet is engineered for exceptional transaction throughput and scalability, thanks to its distinctive object-centric architecture and a delegated proof-of-stake consensus mechanism. Sui swiftly and efficiently processes transactions, providing a fast, high-throughput, and cost-effective platform for USDY. 🗣️ @nathanlallman, CEO of Ondo Finance, expressed his enthusiasm, saying “Sui's remarkable ascent in the DeFi space represents a realization of the promises of blockchain technology and a unique opportunity for us to help contribute to their onchain financial ecosystem. Our collaboration with Sui broadens Ondo's reach and introduces Ondo’s reliable, yield-generating assets to a broader audience, fostering innovation and stability across the ecosystem.” 🗣️ Greg Siourounis, Managing Director of the Sui Foundation, also shared his excitement, stating “Ondo is an amazing addition to the Sui ecosystem, providing a native alternative to stablecoins that will unlock new opportunities for Sui’s builders and developers and essential new functionality for the users of their applications. Sui’s recent growth in DeFi volume was already leading the industry and Ondo’s participation will make that trajectory even stronger. I am excited to see how Sui’s community leverages the real-world assets and innovative financial products Ondo offers.” 🔜 USDY will be incorporated into Sui's leading DeFi protocols, enriching Sui’s ecosystem with stable and liquid investment options. Stay tuned for more updates and collaborations that reinforce our vision of accessible, efficient, and transparent finance within Sui's vibrant ecosystem. 🌏 Non-US investors can onboard to USDY’s primary market at ondo.finance/usdy/onboard

Ondo Finance President, @JustinUS, forecasts that the total addressable market for yield-bearing cash equivalents could be greater than the demand for the current market of stablecoins. theblock.co/post/275448/stab…

📢 We are delighted to announce our strategic partnership with @nonco_otc to bolster and deepen liquidity across chains for Ondo’s interest-bearing stablecoin alternative, $USDY. 📢 $USDY turns the zero-interest rate stablecoin environment on its head. It is the world’s first tokenized note, delivering first-rate dollar-denominated yield directly to holders. Nonco prides itself in its nonconformity, and while everybody chases high leverage and high risk, Ondo raced to provide equitable and institutional-grade financial products onchain. $USDY delivers yield directly to token holders and allows even traditional and more risk-averse investors to build portfolios onchain. Creating liquid and efficient markets is one large step in bringing dollar-denominated yield to more investors and steadily but surely housing an increasing number of assets onchain. Nonco joins Ondo to optimize liquidity for $USDY on Ethereum, Solana, and Mantle. Ondo’s focus will always include building our network of world-class liquidity partners. These partners are indispensable to our mission of tokenizing the world, and Nonco’s liquidity services optimize the journey in and out of $USDY ownership. 🗣️ @JustinUS, President at Ondo Finance, stated, “Nonco is a major up-and-coming liquidity provider run by industry veterans. I am excited to work with a partner who shares our commitment to institutional-grade client service.” Nonco closed a $10 million seed round late last year and has been committed to driving forward the adoption of digital assets through liquidity provisioning, ensuring anybody operating onchain has a smooth trading experience. 🗣️ Fernando Martinez, CEO of Nonco, expressed, "We are thrilled to support Ondo's interest-bearing stablecoin, $USDY— the world’s first of its kind. Our commitment echoes Ondo's, and we're excited to contribute to their mission of tokenizing the world.” There has never been a better time to bridge liquidity and assets from the old system into the new.

🔄 Easily convert between the two forms of Ondo's yield-bearing tokens with no slippage, at any time. 🔄 Most of our yield-bearing tokens can pay yield in either a "distributing" or "accumulating" form: 1️⃣ For distributing tokens, the yield accrues daily via additional tokens distributed to your wallet. The redemption value per token stays stable at $1, and the amount of tokens in your wallet increases. 2️⃣ For accumulating tokens, the yield accrues daily via an increasing redemption value per token. The quantity of tokens in your wallet remains the same, but the redemption value per token increases. ➡️ You can convert any time between these two forms with no slippage, 24/7: ondo.finance/convert

📣 Introducing the Ondo Ecosystem Directory 📣 Ondo is opening up our network to the world. Tokenizing the world is a big mission, and every spare hand, partner, and custodian helps. We cannot do it alone. ondo.finance/ecosystem The institutions, protocols, and networks working with us to deliver institutional-grade financial products onchain can be found and accessed now by anybody. Our mission is to tokenize the world; we want to be a player, but the mission supersedes Ondo in importance. This is our interoperable network of custodians, OTC desks, service providers, and liquidity venues all connected by a shared vision of making finance innovative, accessible, and empowering. Ondo invites those who want to join us and our partners in propelling financial tooling and blockchains forward into the future to contact us at [email protected]. Read more about the Ondo Ecosystem at blog.ondo.finance/introducin…. Tagging a few of the existing members: @Agnidex, @axelarnetwork, @chainlink, @deBridgeFinance, @FluxDeFi, @FusionX_Finance, @Injective_, @izumi_Finance, @JupiterExchange, @Kamino_Finance, @0xMantle, @MeteoraAG, @orca_so, @0xPolygonLabs, @Range_Protocol, @RaydiumProtocol, @solana, @squidrouter, @SupraOracles, @switchboardxyz