Ondo Finance's USDY Treasury bond tokenized product on the Sei blockchain enhances accessibility to institutional-grade U.S. Treasury assets, furthering Sei's financial infrastructure.
Ondo Finance announced the upcoming launch of its flagship product, USDY Treasury bond tokenized product assets, on the Sei blockchain. USDY has a total locked value (TVL) exceeding $680 million, making it the second most adopted product in this market. This integration aims to provide Sei developers and users with institutional-grade U.S. Treasury assets, promoting the upgrade of Sei's ecological financial infrastructure.