Mike X

📣 Ondo Finance takes great pleasure in announcing our strategic partnership with Aptos Foundation, aimed at revolutionizing the integration of real world assets with blockchain technology on @Aptos_Network. 📣 This partnership not only signifies a major step forward in blockchain finance but also brings together two organizations with impressive institutional pedigrees and partnerships, including ties to @BlackRock and @GoldmanSachs. 📰 Check out the @DefiantNews article: thedefiant.io/ondo-brings-tr… ⚠️ Important: $USDY is not, and may not be, offered, sold, or otherwise made available in the US or to US persons. $USDY also has not been registered under the US Securities Act of 1933. 🪙 The collaboration is beginning with the native integration of Ondo's tokenized US Treasuries product, $USDY, onto the Aptos blockchain, setting the stage for a series of innovative financial products that leverage the unique strengths of both organizations. USDY currently exists natively only on Ethereum, Solana, and Mantle. 🔍 Looking beyond the immediate integration, Ondo is exploring innovative solutions that combine onchain native and real world asset yields on Aptos. This includes developing new staking and re-staking processes that enhance the utility of tokenized assets and the capital efficiency of the platforms that support them. 🛠️ Aptos, launched by a group of ex-Meta engineers, is uniquely suited for this ambitious project, thanks to its Move programming language, designed specifically for safety and flexibility in financial applications. The Move Prover and pre-transaction transparency features of Aptos ensure that the integration of $USDY and subsequent financial products will set new standards for security and efficiency in the DeFi space. 🌉 Ondo Finance, founded by veterans of Goldman Sachs's Digital Assets team, works closely with institutional-grade service providers like Blackrock. This foundation in traditional finance, combined with a forward-thinking approach to DeFi, positions Ondo to bridge the gap between conventional financial markets and the emerging blockchain ecosystem effectively. 🤝 The partnership between Ondo and Aptos Foundation is more than a technical integration; it's a strategic alliance aimed at creating a seamless experience that combines the reliability of traditional finance with the efficiency and accessibility of blockchain technology. This initiative will explore innovative solutions that integrate onchain native and real-world asset yields, leveraging both companies' expertise in finance and blockchain technology. 🗣️ @nathanlallman, CEO of Ondo Finance, expressed excitement about the collaboration, stating, "Joining forces with Aptos, a platform with deep institutional roots and a clear vision for the future of blockchain, amplifies our ability to deliver groundbreaking financial products. Together, we're set to redefine the landscape of digital finance." 🗣️ @BasharLazaar, Head of Grants & Ecosystem, Aptos Foundation, said, “A partnership forged in the spirit of redefining digital finance, Ondo Finance’s native integration onto Aptos is a step forward for accessible and seamless financial services. We are excited that the global community of builders and users will be able to tap into the tremendous potential of Ondo's technology, inching closer towards ubiquitous open finance”. 🌊 Ondo is further expanding the Aptos ecosystem through a significant integration with @ThalaLabs, a decentralized finance protocol on Aptos. This collaboration will see $USDY launching in Thala's AMM pools, enhancing liquidity options for users. Moreover, Thala plans to whitelist $USDY as collateral for its Collateralized Debt Positions (CDP), highlighting $USDY’s utility, composability, and trust within the DeFi ecosystem. 🗣️ @adamcader_, Co-Founder of Thala Labs, shared his enthusiasm: "We are excited to integrate USDY into the Thala ecosystem. This partnership with Ondo Finance not only diversifies the assets available within our AMM pools but also reinforces our commitment to providing secure and capital-efficient DeFi solutions. USDY's inclusion as a trusted collateral option marks a significant step towards achieving this goal."