Bitcoin
Bitcoin (BTC)
$96,193.00 0.87835
Bitcoin price
Ethereum
Ethereum (ETH)
$2,708.90 1.37503
Ethereum price
BNB
BNB (BNB)
$652.65 0.59727
BNB price
Solana
Solana (SOL)
$170.02 2.35292
Solana price
XRP
XRP (XRP)
$2.63 3.48174
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000154 1.39698
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 0.97352
Pepe price
Bonk
Bonk (BONK)
$0.0000156 2.52586
Bonk price
dogwifhat
dogwifhat (WIF)
$0.621407 5.20751
dogwifhat price
Popcat
Popcat (POPCAT)
$0.231117 -4.19765
Popcat price
Bitcoin
Bitcoin (BTC)
$96,193.00 0.87835
Bitcoin price
Ethereum
Ethereum (ETH)
$2,708.90 1.37503
Ethereum price
BNB
BNB (BNB)
$652.65 0.59727
BNB price
Solana
Solana (SOL)
$170.02 2.35292
Solana price
XRP
XRP (XRP)
$2.63 3.48174
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000154 1.39698
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 0.97352
Pepe price
Bonk
Bonk (BONK)
$0.0000156 2.52586
Bonk price
dogwifhat
dogwifhat (WIF)
$0.621407 5.20751
dogwifhat price
Popcat
Popcat (POPCAT)
$0.231117 -4.19765
Popcat price
Bitcoin
Bitcoin (BTC)
$96,193.00 0.87835
Bitcoin price
Ethereum
Ethereum (ETH)
$2,708.90 1.37503
Ethereum price
BNB
BNB (BNB)
$652.65 0.59727
BNB price
Solana
Solana (SOL)
$170.02 2.35292
Solana price
XRP
XRP (XRP)
$2.63 3.48174
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000154 1.39698
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 0.97352
Pepe price
Bonk
Bonk (BONK)
$0.0000156 2.52586
Bonk price
dogwifhat
dogwifhat (WIF)
$0.621407 5.20751
dogwifhat price
Popcat
Popcat (POPCAT)
$0.231117 -4.19765
Popcat price
Bitcoin
Bitcoin (BTC)
$96,193.00 0.87835
Bitcoin price
Ethereum
Ethereum (ETH)
$2,708.90 1.37503
Ethereum price
BNB
BNB (BNB)
$652.65 0.59727
BNB price
Solana
Solana (SOL)
$170.02 2.35292
Solana price
XRP
XRP (XRP)
$2.63 3.48174
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000154 1.39698
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 0.97352
Pepe price
Bonk
Bonk (BONK)
$0.0000156 2.52586
Bonk price
dogwifhat
dogwifhat (WIF)
$0.621407 5.20751
dogwifhat price
Popcat
Popcat (POPCAT)
$0.231117 -4.19765
Popcat price

Ondo Finance to expand tokenized fund OUSG to the XRP Ledger

Jayson Derrick
Edited by
News
Ondo Finance to expand tokenized fund OUSG to the XRP Ledger

Ondo Finance plans to expand its tokenized U.S. Treasuries fund, the Ondo Short-Term U.S. Government Treasuries Fund, to Ripple’s layer-1 blockchain, XRP Ledger

Founders Fund and Pantera Capital-backed Ondo Finance announced on Jan. 28 that it expects OUSG tol go live on XRP Ledger within the next six months. Ondo Finance (ONDO) is partnering with XRP (XRP) creator Ripple to bring the institutional-grade product to the XRPL.

According to Ondo, the expansion aims to bolster institutional adoption of compliance-focused decentralized finance products. The initiative targets investors seeking DeFi yields while benefiting from tokenization and composability.

OUSG is backed by BlackRock’s U.S. Treasuries fund, the USD Institutional Digital Liquidity Fund (BUIDL).

“By bringing OUSG to the XRPL, Ondo Finance is bringing institutional-grade assets directly to the institutions, providing broad onchain accessibility, and changing how institutions interact with tokenized assets as flexible treasury management tools,” Ondo wrote in a blog post.

Ripple and Ondo Finance have reportedly secured commitments to seed the tokenized fund’s liquidity at launch. The goal is to leverage this liquidity to accelerate tokenization and adoption of real-world assets (RWAs) within the XRPL ecosystem.

The 24/7 support for minting and redemption of OUSG will further aid this effort, Ondo’s team noted. Ripple also plans to integrate its stablecoin RLUSD with OUSG on XRP Ledger, enabling interoperability and instant redemption.

Growing market for tokenized RWAs

Tokenized real-world assets have seen significant growth over the past year, with major issuers like BlackRock, Franklin Templeton, and Hashnote playing a key role. Ondo’s products add to a market that currently stands at over $3.5 billion.

Ondo’s move to bring OUSG to Ripple’s ecosystem comes a few months after Ripple announced plans to allocate up to $10 million into tokenized U.S. Treasuries on XRPL. Ripple has also collaborated with OpenEden, a leading Asia-based tokenization platform, to deploy TBILL tokens on the XRP Ledger.