Ondo Finance Pioneers Institutional-Grade On-Chain Finance
Ondo Finance is a pioneering platform that bridges traditional financial assets with blockchain infrastructure. Founded in 2021 by former Goldman Sachs executives, the company aimed to connect traditional capital markets with decentralized finance.
The team focused on regulatory-aware design and institutional compliance, partnering with established asset managers and custodians. This approach allowed Ondo to target qualified investors seeking compliant on-chain exposure to conservative, income-generating assets.
Ondo's flagship products include the tokenized short-term U.S. Treasury fund OUSG and the yield-bearing dollar product USDY. These innovative offerings have helped establish tokenized Treasuries as a credible DeFi primitive, used not only for yield but also as collateral, treasury management, and liquidity infrastructure.