Ondo Finance has invested $25 million in YLDS, a yield-bearing stablecoin from Figure Technology Solutions, to diversify its tokenized US Treasurys fund. This move enhances onchain treasury reserves amid growing interest in crypto-backed lending by fintechs and exchanges. Ondo Finance adds YLDS to its reserves portfolio alongside tokenized Treasurys from BlackRock, Fidelity, and others. The […]
Source: https://en.coinotag.com/ondo-finance-invests-25m-in-ylds-amid-crypto-backed-lending-surge
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