Wintermute and Ondo Finance form strategic partnership to enhance USDY liquidity
Wintermute and Ondo Finance announced the establishment of a strategic partnership to enhance the liquidity of USDY, which is reportedly the world's first tokenized note secured by a portfolio of US Treasury bonds and bank deposits in bankruptcy remote vehicles. The collaboration between Ondo Finance and Wintermute will allow investors to trade USDY over-the-counter through Wintermute's trading desk.
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