Ondo Finance Brings Tokenized Treasuries to the Cosmos Ecosystem with Noble Integration

Ondo Finance Brings Tokenized Treasuries to the Cosmos Ecosystem with Noble Integration

The first asset Ondo plans to issue natively via Noble is USDY, a tokenized note backed by short-term U.S. Treasuries offering a 5.2% annual yield, targeting the end of the second quarter of this year, a spokesperson told CoinDesk. USDY is currently available on Ethereum, Solana, Mantle and Sui.