Ondo Finance partners with Libeara to provide same-day liquidity to on-chain short-term Treasury funds
2024-10-31 23:01:17
Ondo finance announcement sc ventures support libeara wellingtondesk3cryptocurrencydesktopCrypto News
Ondo Finance announced a partnership with SC Ventures-backed Libeara and Wellington Management to launch the Delta Wellington Ultra Short Treasury On-Chain Fund (ULTRA Fund) to provide same-day redemption services. The fund will leverage Ondo Finance's 24/7 redemption technology to provide investors with a more flexible exit mechanism and enhance the usefulness of the fund as collateral for cross-border settlements. Based on the Moody's Aa-rated Delta fund, the fund provides institutional investors with a stable choice of on-chain assets and drives the process of onboarding traditional assets.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Ondo Finance与Libeara合作，为链上短期美债基金提供当日流动性Next article：
MicroStrategy自2020年Q3以来每个季度都购买了比特币
