The Aptos network is powering up the open finance revolution!
The Aptos Foundation and Ondo Finance are partnering to combine the reliability of traditional finance with the efficiency and accessibility of blockchain technology — starting with the native integration of Ondo’s tokenized US Treasuries product, USDY, onto the Aptos blockchain.
This launch sets the stage for a series of innovative financial products built with the Aptos DeFi advantage: Sub-second finality, parallel execution, advanced security, and superior throughput.
USDY will first integrate on Aptos via DeFi dapp Thala. Ondo will continue to tokenize real world assets and collaborate with the Foundation to brainstorm more ways to connect their deep institutional roots to groundbreaking Web3 use cases.
This marks a remarkable stride in merging conventional finance with decentralized technology. Witnessing the evolution and triumph of this partnership in delivering further innovative financial products will be truly exhilarating.
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