US Treasury Products Launch on EU’s First Regulated Tokenization Exchange
Assetera, a European trading facility for blockchain-based securities, announced the collaboration with institutional-grade asset manager Ondo Finance to list the latter’s institutional-grade tokenized US Treasuries fund on Assetera’s Polygon-based platform.
The press release shared with Cryptonews said that this listing provides European investors with institutional-grade tokenized securities through a compliant, blockchain-based trading facility.
1/ OUSG is now available on Assetera, Europe’s first MiFID-licensed marketplace for blockchain-based securities.
This expansion enhances institutional access to tokenized US Treasuries across the European market, leveraging Assetera’s regulated and compliant trading venue, built… pic.twitter.com/C0zxwyCLeQ
— Ondo Finance (@OndoFinance) February 20, 2025
Assetera enables blockchain-based securities trading, allowing retail and professional clients to invest in and trade tokenized financial instruments. It utilizes Atomic Swaps for clearing and settlement.
In September 2024, it partnered with Polygon to launch Europe’s first regulated marketplace for tokenized real-world assets (RWAs). Assetera operates under the supervision of the Austrian Financial Market Authority, holding a MiFID II license and a VASP registration.
Meanwhile, Ondo Finance is a blockchain technology company that builds the platforms, assets, and infrastructure to bring financial markets on-chain. One of its products is OUSG (Ondo Short-Term US Government Bond), which provides institutional investors with exposure to short-term US Treasury funds.
24/7 Instant Mints and Redemptions
The collaboration enables Assetera’s institutional and retail clients to trade, through is platform, Ondo’s OUSG token on the Polygon network. The token is supported on Polygon and Ethereum and is designed for short-term exposure to US Treasuries funds with 24/7 instant mints and redemptions, the announcement says.
Furthermore, OUSG is primarily invested in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). The teams said that it will “soon” leverage additional tokenized Treasuries and GSE Products from Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital. This will be a part of Ondo Nexus, a novel infrastructure layer with instant liquidity for multiple third-party issuers.
Liquidity matters for tokenized US Treasuries. It’s the defining factor that separates being stuck in an illiquid fund from having seamless access to your money when market opportunities arise.
Ondo stands out—offering multiple liquidity options for tokenized US Treasuries,…
— Ondo Finance (@OndoFinance) February 18, 2025
“The asset offers the stability, transparency, and liquidity of high-quality US Treasuries funds and prioritizes compliance,” the team said. However, it is not registered under the US Securities Act. Ondo is also not registered as an investment company under the US Investment Company Act.
Meanwhile, OUSG has $394 million in a total value locked (TVL), with a daily yield of 4.02% APY.
OUSG will be available to qualifying investors starting 20 February. Assetera’s platform provides support for non-custodial wallet solutions.
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‘Speed and Efficiency Only Blockchain Can Deliver’
Institutional investors can choose between custodial solutions through Assetera’s banking partners or maintain self-custody of their assets
The collaboration allows traders to access Ondo’s tokenized Treasuries fund directly through Assetera’s intuitive trading interface.
Moreover, the platform enables atomic settlement, so that instantaneous trade execution and settlement help eliminate counterparty risk.
Additionally, the minute-by-minute reference pricing “ensures transparent price discovery in the secondary market.”
Everything you need is RWA 🙂 !https://t.co/aFhU5OB6Ku
Real-World Assets have drawn significant attention in 2024, particularly BlackRock’s fund adding institutional credibility. The key focus now is understanding which use cases are scaling and the factors driving their growth. pic.twitter.com/4jF5NPcKse
— Assetera (@AsseteraGlobal) February 15, 2025
Oya Celiktemur, Ondo’s Director of EMEA, commented that the collaboration enables us the company to serve the European market through a regulated venue.
“This relationship represents a crucial step forward in bridging traditional finance with digital assets through a regulated environment,” said Assetera CEO Thomas Labenbacher. It “provides a reimagined entire trading experience for sophisticated investors who demand both innovation and institutional-grade security.”
He added that “European institutions can now trade Treasury-backed digital assets around the clock with the same level of trust they expect from traditional finance, but with the speed and efficiency that only blockchain technology can deliver.”
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Source: cryptonews.com
