Ondo Finance

New York City, United States · Founded 2021 · CEO: Nathan Allman · Private

Ondo Finance is a private company specializing in tokenized real-world assets, with main stablecoin products including USDY and OUSG.

Products

USDY active $1.3B
Ondo US Dollar Yield
Yield Bearing

USDY is a yield-bearing stablecoin by Ondo Finance, backed by U.S. Treasuries and bank deposits, launched in 2023.

Overview

Ondo Finance, founded in 2021 and headquartered in New York City, is a private company focused on integrating traditional financial assets with blockchain technology. It specializes in tokenized real-world assets, offering stablecoin products like USDY and OUSG.

Regulatory Status

In October 2025, Ondo Finance acquired Oasis Pro, gaining ownership of an SEC-registered broker-dealer, an Alternative Trading System (ATS), and a Transfer Agent license, enabling it to operate regulated tokenized securities markets in the U.S.

Key Products

Ondo Finance's key products include USDY, a tokenized note secured by short-term U.S. Treasuries, and OUSG, a tokenized fund offering exposure to short-term U.S. government bonds.