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3h ago

Ondo Adds $25 Million of Figure’s YLDS to OUSG Reserves

The purchase underscores Ondo’s drive to diversify yields during its EU entry under Liechtenstein oversight.

Ondo Finance adds $25 million of YLDS, diversifying the flagship product's backing
Ondo invests $25 million in figure’s ylds to enhance tokenized treasury fund

Overview

  • YLDS, a yield-bearing stablecoin from Figure Technology Solutions, will join the reserve mix backing Ondo’s tokenized short‑term U.S. Treasury fund OUSG.
  • Ousg holds roughly $777–780 million in TVL, offers 24/7 redemptions, and targets an estimated 3.68% annual return.
  • The reserve portfolio already includes tokenized Treasury exposures from major asset managers such as BlackRock, Fidelity, Franklin Templeton, and WisdomTree.
  • Figure operates lending and capital‑markets infrastructure on the Provenance blockchain, completed a Nasdaq IPO earlier this year, and YLDS has an estimated ~$100 million market cap per DefiLlama.
  • Following the announcement, Figure’s shares rose nearly 4% intraday, while ONDO saw a modest uptick even as broader selling pressure in the token persisted.