This article covers the launch of Brevan Howard’s new fund targeting firms with cryptocurrency on their balance sheets, its implications for the market, and the innovative financial instruments offered by Ondo Finance.
Points
- Brevan Howard launches a new fund targeting firms with crypto on balance sheets.
- ONDO token listing on OKX generates significant investor excitement.
- Ondo Finance offers tokenized US Treasury bonds and interest-bearing stablecoins.
Brevan Howard, a prominent asset management firm, has introduced a new fund targeting companies with cryptocurrency on their balance sheets. This move reflects the growing institutional interest in integrating digital assets into traditional financial frameworks.
Meanwhile, ONDO token has been listed on OKX, generating significant excitement among investors. ONDO deposits began on July 29
, 2024, with trading launching the same day. Withdrawals are set to start on July 30, 2024. This new listing marks a significant milestone for Ondo Finance, which offers innovative financial instruments rooted in real-world assets.
Ondo Finance provides tokenized versions of US Treasury bonds and interest-bearing stablecoins. The OUSG Fund is a tokenized version of BlackRock’s iShares Short Treasury Bond ETF, offering liquid access to short-term US Treasury bonds. USDY is designed as an interest-bearing stablecoin backed by short-term US Treasury bonds and bank deposits, aiming to offer returns to its holders.
Ondo’s total supply is set at 10 billion units, with the contract address being 0xfAbA6f8e4a5E8Ab82F62fe7C39859FA577269BE3. The new listing on OKX expands Ondo Finance’s vision while providing investors with access to innovative financial instruments based on real-world assets.
解説
- Brevan Howard’s new fund targeting firms with crypto on their balance sheets signifies a growing trend of integrating digital assets into traditional financial systems.
- Ondo Finance’s innovative financial instruments, such as tokenized US Treasury bonds and interest-bearing stablecoins, provide investors with secure and lucrative investment options.
- The listing of ONDO on OKX highlights the increasing interest and confidence in Ondo Finance’s offerings.
- Understanding these developments can help investors identify emerging opportunities in the evolving cryptocurrency market.