President Trump’s World Liberty Financial Forms Partnership With Ondo Finance To Boost RWA Adoption
President Donald Trump’s new decentralized finance (DeFi) project is partnering with real-world asset (RWA) tokenization protocol Ondo Finance (ONDO) to boost RWA adoption. In a new thread on the social media platform X, the development team behind Ondo Finance says it’s collaborating with World Liberty Financial (WLFI) as a means of bringing traditional finance to the world of blockchains. According to Ondo, WLFI is adding Ondo’s tokenized assets – such as the stablecoin Ondo US Dollar Yield (USDY) and the Ondo Short-Term US Treasuries Fund (OUSG) – into its network as treasury reserve assets. Furthermore, WLFI is planning on integrating USDY, OUSG and other tokenized securities from Ondo’s upcoming global markets into its network as a means of enabling seamless borrowing, lending, and margin trading for eligible customers. “Through this collaboration, World Liberty Financial plans to become a strategic collaborator in Ondo’s ...