# Ondo

> Institutional-Grade Finance, Now Onchain.

Ondo helps institutions and individuals access traditional financial assets on blockchain through tokenized US Treasuries and investment products.

Ondo brings traditional financial assets onchain through institutional-grade platforms and infrastructure. The protocol offers tokenized US Treasuries and investment products with daily yield distributions, while developing Ondo Chain, a Layer 1 blockchain optimized for real-world assets. Products include USDY for non-US investors and OUSG for qualified purchasers, supported by regulated custodians and audited smart contracts.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2021-01-01
- Profile: https://thegrid.id/profiles/Ondo

## Products

- [Ondo Global Markets](https://thegrid.id/profiles/Ondo): A regulated tokenization platform that enables institutional investors to access traditional financial assets on blockchain networks. The platform supports issuance and management of tokenized securities across multiple chains. (RWA Tokenisation Platform, Live, Main Product)
- [Ondo Nexus](https://thegrid.id/profiles/Ondo): Ondo Nexus provides a shared liquidity layer for tokenized U.S. Treasuries through instant minting and redemption mechanisms. The platform facilitates 24/7 conversion operations for Ondo's yield-bearing assets (OUSG and USDY) while enabling cross-issuer liquidity for third-party tokenized Treasuries from partners including Franklin Templeton and WisdomTree. The system unifies multiple yieldcoin protocols into a single liquidity infrastructure. (RWA Tokenisation Platform, Live)
- [Ondo Chain](https://thegrid.id/profiles/Ondo): A public, proof-of-stake Layer 1 blockchain optimized for institutional-grade real-world assets. Features RWA staking for network security, enshrined oracles, permissioned validators, and native cross-chain bridging capabilities. (L1, In Development)
- [Ondo Bridge](https://thegrid.id/profiles/Ondo): A cross-chain bridge built on LayerZero V2 that enables native USDY transfers across multiple blockchains. Features multiple independent verifiers (DVNs), custom rate limiting, and emergency pause functionality for enhanced security. (Bridge, Live)

## Assets

- [Ondo US Dollar Yield Token on Solana (USDY)](https://thegrid.id/profiles/Ondo): USDY is a tokenized note issued by Ondo Finance for non-US investors, backed by short-term US Treasuries and bank demand deposits. It is used to earn yield generated from the underlying assets in the form of increasing redemption value. Unlike traditional stablecoins, USDY allows holders to earn the majority of the yield from its backing assets, passing returns on to token holders. (Stablecoin)
- [Ondo Short-Term US Government Treasuries on Solana (OUSG)](https://thegrid.id/profiles/Ondo): OUSG is a tokenized fund issued by Ondo Finance providing exposure to short-term US Treasury securities, available exclusively to US qualified purchasers. It is used to access Treasury yields with instant 24/7 minting and redemption through USDC or PYUSD, and can be deployed across multiple blockchains. The portfolio primarily holds BlackRock's BUIDL fund, along with allocations to Franklin Templeton, WisdomTree, Fidelity, and Wellington/FundBridge vehicles, allowing investors to gain Treasury exposure without navigating traditional government bond platforms. (Security)

## Links

- [Main](https://ondo.finance)
- [Blog](https://ondo.finance/insights)
- [Documentation](https://docs.ondo.finance)
- [Privacy policy](https://docs.ondo.finance/legal/privacy-policy)
- [Terms of Service](https://docs.ondo.finance/legal/terms-of-service)
- [Twitter / X](https://x.com/OndoFinance)
- [GitHub](https://github.com/ondoprotocol)
- [Telegram](https://t.me/ondofinance)

## Relationships

- [Ondo DAO](https://thegrid.id/profiles/Ondo_DAO): Subsidiary

## Legal

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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP