Ondo Finance partners with Wellington Management to launch tokenized U.S. Treasury fund
October 30, 2024, 1:59 PM
Ondo Finance, a real-world asset (RWA) tokenization platform, announced a partnership with Wellington Management, a major independent asset manager with over $1 trillion in assets. This collaboration supports the launch of the Delta Wellington Ultra Short Treasury On-Chain Fund, a tokenized U.S. Treasury fund. Part of Libeara’s initiative backed by Standard Chartered, the fund integrates Ondo’s 24/7 redemption technology to facilitate intraday liquidity and cross-border settlement.
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