Ondo

Ondo Finance is a decentralized finance platform that designs institutional-grade financial products and infrastructure to bring traditional financial markets on-chain. The company's product portfolio includes Ondo Stocks, a platform for tokenizing traditional public securities with 24/7 minting and redemption; USDY, a permissionless yield coin with over $2.16 billion in TVL; and OUSG, offering institutional investors exposure to short-term U.S. Treasuries with instant mints and redemptions. Ondo's Nexus technology enables issuers of tokenized U.S. Treasuries and stablecoins to offer instant minting and redemption. The platform supports 440+ assets with approximately 86,600 unique holders and has partnered with institutions including J.P. Morgan, Mastercard, Ripple, Broadridge, and Franklin Templeton. Founded in 2021 and headquartered in New York City, Ondo has raised $24 million at the Series A stage from investors including Pantera Capital, Founders Fund, Tiger Global Management, Coinbase, Digital Currency Group, CoinFund, Flow Traders, and Wintermute.