Quick Take
- World Liberty Financial will explore the integration of Ondo’s tokenized assets into the WLFI network as treasury reserve assets.
- The collaboration follows Ondo’s recent expansion, including the launch of Ondo Global Markets for onchain stock and bond exposure as well as a new Layer 1 blockchain.
As part of the collaboration, World Liberty Financial is exploring the integration of Ondo’s tokenized assets into the WLFI network as treasury reserve assets, including the Short-Term U.S. Government Treasuries (OUSG) and U.S. Dollar Yield (USDY) tokens.
“Our collaboration with Ondo Finance marks a significant step forward in aligning traditional financial systems with blockchain innovation,” Donald Trump Jr., Web3 Ambassador at World Liberty Financial, stated in the blog post. “By integrating Ondo’s tokenized assets, we’re providing our network with secure yield and unparalleled access to traditional financial assets.”
The news comes after a flurry of activity between the two firms last week. Ondo Finance on Feb. 5 launched Ondo Global Markets, which is designed to open onchain exposure to U.S. stocks, bonds and exchange-traded funds. On Feb. 6, Ondo announced the launch of a new Layer 1 blockchain called Ondo Chain, which is designed to accelerate the creation of institutional-grade financial markets onchain.
Ondo Finance’s TVL has reached $650 million following last week’s inaugural Ondo Summit, which marks substantial growth from $192 million a year ago. This has helped push the total TVL across the top 15 RWA protocols to $7.68 billion, according to The Block Research.
World Liberty Financial plans to also integrate USDY, OUSG and tokenized securities from Ondo’s upcoming Global Markets platform into its not-yet-live WLFI platform, enabling seamless borrowing, lending and margin trading for its users. Qualifying WLFI users will also gain access to Ondo Global Markets’ tokens. However, it is unclear whether U.S. users will be able to access these assets, as many Ondo products, including the Global Markets platform and USDY token, are not available in the United States.
On the day Ondo launched its blockchain, World Liberty Financial bought about $470,000 worth of Ondo Finance’s native token.
“We’re thrilled to work with World Liberty Financial to bring the benefits of tokenized real-world assets to their platform and users,” Nathan Allman, CEO of Ondo Finance, said Tuesday. “This collaboration highlights the growing demand for institutional-grade onchain solutions that deliver stability, liquidity and utility at scale.”
World Liberty Financial co-founder Chase Herro last week said the platform plans on creating a “strategic reserve” with the tokens it buys. The project holds approximately $35 million in various tokens, an approximately 90% drawdown on its once sizable treasury after moving millions of dollars worth of tokens on Feb. 3.
