Ondo turns to Figure’s stablecoin with $25M investment to back tokenized fund
PositiveCryptocurrency

- Ondo Finance has made a significant $25 million investment in Figure’s stablecoin to support its tokenized fund, enhancing its onchain Treasury reserves. This move aligns with a broader trend of increased interest in crypto-backed lending among fintech companies, lenders, and exchanges.
- This investment is crucial for Ondo Finance as it not only strengthens its financial position but also positions the company to capitalize on the growing demand for innovative financial solutions in the cryptocurrency space, potentially attracting more investors and partners.
— via World Pulse Now AI Editorial System




