Ondo Finance has invested $25 million in YLDS, a yield-bearing stablecoin from Figure Technology Solutions, to diversify its tokenized US Treasurys fund. This move enhances onchain treasury reserves amid growing interest in crypto-backed lending by fintechs and exchanges. Ondo Finance adds YLDS to its reserves portfolio alongside tokenized Treasurys from BlackRock, Fidelity, and others. The [...]
