- Ondo Finance announced the signing of a partnership with World Liberty Financial, but reported that related posts have been deleted.
- The collaboration between the two companies aimed to introduce Real World Assets and transition traditional finance on-chain through tokenized assets.
- WLFI recently purchased 342,000 ONDO, conducting a transaction valued at approximately $461,000.
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Ondo Finance (ONDO) announced that it has entered into a partnership with World Liberty Financial (WLFI). Currently, all related posts have been deleted.
On the 10th (local time), Ondo Finance stated on its official blog, "Through collaboration with WLFI, we aim to promote the adoption of Real World Assets (RWA) and bring traditional finance on-chain," adding that they are considering integrating tokenized assets such as USD Yield Token (USDY) and Overnight US Treasury Bill (OUSG) as financial reserve assets within the WLFI network. Furthermore, they mentioned plans to support lending and margin trading services for WLFI platform users.
However, the post has since been deleted from X, the blog, and other platforms. Some speculate that it was an information leak due to a mistake by a staff member.
Meanwhile, on the 6th (local time), WLFI purchased 342,000 ONDO, which was approximately valued at $461,000 at the time.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBitPiCK News
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