# Ondo Finance

Ondo Finance is an Asset Manager.

## Overview

- **Organization type:** Asset Manager
- **Assets under management:** Undisclosed
- **Website:** ondo.finance
- **LinkedIn:** https://www.linkedin.com/company/ondofinance

## Regulatory record

- **Reports private funds:** No

## About

At Ondo, we design institutional-grade platforms, assets, and infrastructure to bring financial markets onchain. Ondo combines cutting-edge tokenization technology with the best practices from traditional finance, including investor protections, regulatory compliance, transparent reporting, robust product structuring, and high-touch client service. Products include Ondo Stocks, which brings traditional public securities onchain, as well as USDY and OUSG.

## Sectors

- Real-World Assets (RWA)
- Tokenization
- DeFi

## People

- Nathan Allman — Founder
- Ian De Bode — Chief Executive Officer
- Patrick McHenry — Vice Chairman
- Mark Janoff — General Counsel
- Brendan Florez — Managing Director, Client Relations and Strategic Operations
- Matthieu de Vergnes — Managing Director, Global Head of Institutional
- John Hoffman — Managing Director, Head of Product Portfolios
- Katie Wheeler — Managing Director, Global Partnerships
- Min Lin — Managing Director, Head of Global Business Development
- Cameron Clifton — VP, Engineering
- Ben Grossman — VP, Marketing
- Yuxin Wu — VP, Product Design
- Justin Schmidt — Advisor

## Questions

### What does Ondo Finance do?

Ondo Finance tokenizes real-world assets, enabling on-chain exposure to traditional financial products. Its primary offerings include OUSG, which represents tokenized US Treasuries, and USDY, an interest-bearing token backed by short-term US government securities. The firm bridges off-chain yield with on-chain infrastructure across multiple blockchains.

### How does tokenization work for Ondo's products?

Ondo issues tokens through separate, bankruptcy-remote special-purpose vehicles that hold the underlying real-world assets. For OUSG, the vehicle invests in US Treasury ETFs, and the resulting token accrues yield daily. For USDY, a variable-rate note structure provides exposure to short-term Treasuries with daily rebasing or staking-based rewards depending on the deployment chain.

### Which blockchains does Ondo Finance support?

Ondo Finance has deployed its tokenized products across several networks including Ethereum, Solana, Sui, and Aptos. The firm's architecture is designed to be multi-chain from inception, allowing institutional and retail investors to access the same yield-bearing instruments regardless of their preferred network.

### What is Ondo Global Markets?

Ondo Global Markets extends the tokenization model to equities and other traditional securities, aiming to create on-chain representations that can trade with reduced settlement friction. It represents a broader ambition beyond fixed income, though public detail on live equity deployments remains limited.

### How does Ondo Finance protect tokenholders from issuer risk?

Each tokenized product is issued by a distinct, bankruptcy-remote special-purpose entity. This structure is intended to ensure that the assets of one product are not commingled with or accessible to creditors of the operating company or other product vehicles, providing a layer of structural protection for tokenholders.

## Related profiles

- [Oncolys BioPharma](https://altss.com/profile/oncolys-biopharma-inc)
- [One Financial Design](https://altss.com/profile/one-financial-design-llc)

---

Last updated: 2026-08-11T15:07:41.444Z

Canonical page: https://altss.com/profile/ondo-finance

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology
