Ondo Finance, a U.S.-based company that issues tokenized securities, has announced the opening of its first office in the Asia-Pacific region.
The company, boasting nearly 40% of the global market share for tokenized securities, currently offers three tokenized products – OUSG, OMMF, and USDY.
These products provide exposure to U.S.-based assets such as U.S. Treasuries, and money market funds.
Nathan Allman, the founder and CEO of Ondo, expressed enthusiasm about the active and rapidly growing crypto community in the Asia-Pacific region. He highlighted the community’s appreciation for the high-quality exposure to U.S. assets that Ondo’s tokens offer, as mentioned in the press release.
To lead business development in the APAC region, Ondo has appointed Ashwin Khosa as Vice President. Khosa brings experience from his previous roles at Tether and Bitfinex.
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