Ondo Finance introduces its Treasury Bond tokenization product USDY to the Sei network

PANews July 18 news, according to the official announcement from Sei, Ondo Finance is about to launch its flagship product, the USDY Treasury Bond tokenization product, on the Sei blockchain. USDY currently has a total locked value (TVL) exceeding $680 million, making it the second largest treasury bond tokenization product in the market by adoption rate. This integration will provide Sei developers and users with institutional-grade U.S. Treasury assets, further promoting the upgrade of the financial infrastructure of the Sei ecosystem.