Wintermute, a leading global market maker, is thrilled to announce its strategic partnership with Ondo Finance, a specialized asset manager focusing on tokenized real-world assets. The collaboration aims to elevate the multi-chain liquidity of Ondo’s US Dollar Yield stablecoin, USDY. This partnership responds to the surging interest from both traditional and crypto financial institutions in […]
Hong Kong-based First Digital, a prominent player in digital asset custody and trust services in Asia, proudly announces that its stablecoin, First Digital USD (FDUSD), has achieved a significant market capitalization of US$1 billion. This milestone underscores FDUSD’s rapid and widespread adoption within six months of its listing, establishing itself as Hong Kong’s inaugural truly […]
Mantle, a leading DAO-led web3 ecosystem centered around Ethereum layer 2 (L2) Mantle Network, and Ondo Finance, a pioneer in institutional-grade blockchain-enabled investment products, have unveiled the USD Yield ($USDY) token within the Mantle Ecosystem. This milestone follows the introduction of the Ethereum L1 to Mantle Network L2 bridge for $USDY, marking a significant stride […]