Ondo Finance, a leader in institutional-grade on-chain finance, is excited to announce the launch of USD Yield (USDY), the world’s first tokenized note secured by US Treasuries and bank deposits. USDY provides similar accessibility and utility as stablecoins while paying token holders a yield—5% APY at launch—and offering significantly enhanced investor protections. The debut of […]
BOCI has successfully issued CNH 200 million fully digital structured notes, making it the first Chinese financial institution to issue a tokenized security in Hong Kong. The product was originated by UBS and placed to its clients in Asia Pacific, marking a long-term collaboration between BOCI and UBS in the space of digital structured notes. […]