Ondo Finance Expands to APAC with Tokenized Securities

These products provide exposure to U.S.-based assets such as U.S. Treasuries and money market funds.

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.

Also Read: EU Banking Authority Expands AML Guidelines to Crypto Sector

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!