Ondo Finance to launch first tokenized U.S. bond fund on Sei

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PANews reported on July 17 that according to The Block, Ondo Finance, a real-world asset protocol, announced on Thursday that it will launch its US dollar yield fund USDY on the Sei network. The Ondo team emphasized that this is the first tokenized US Treasury product on a scalable blockchain. Ondo has a close relationship with the World Liberty Financial project, which is supported by the Trump family and has purchased ONDO tokens as part of its strategic token reserves.

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