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Ondo Finance will launch the first tokenized US Treasury fund on Sei.
PANews July 17 news, according to The Block, the real-world asset protocol Ondo Finance announced on Thursday that it will launch its USD yield fund USDY on the Sei network. The Ondo team emphasized that this is the first tokenized U.S. Treasury product on a scalable blockchain. Ondo is closely related to the World Liberty Financial project, which is supported by the Trump family and has purchased ONDO tokens as its strategic token reserve.