Ondo Finance partners with Mastercard and MTN to enhance accessibility to tokenized assets.

Ondo Finance has partnered with Mastercard to broaden the possibilities of tokenization. This collaboration allows users to enjoy improved liquidity for tokenized assets as well as direct payment options. Together, Ondo Finance and Mastercard are exploring the realm of Real-World Asset (RWA) tokenization. Ondo is collaborating with Mastercard’s Multi-Token Network (MTN) to enable the digitization of traditional assets, including investment securities. This partnership between Ondo Finance and Mastercard aims to advance the tokenization of real-world assets (RWA). The collaboration will allow Ondo’s Short-Term US Government Treasuries Fund (OUSG) to be accessible on Mastercard’s MTN platform. As a result, businesses participating with MTN that are integrated with Ondo Finance will gain advantages from this collaboration. They can now enjoy unrestricted cash management, supported by tangible assets, and avoid the complications associated with conventional financial systems. Through OUSG, businesses participating in MTN can generate daily returns on tokenized assets through 53/7 subscription and redemption options. This removes the necessity for stablecoin on-ramps or settlement periods. Image Credit: Ondo Finance on X. Furthermore, this integration would enable MTN participants in Ondo to process payments using conventional banking methods, eliminating the need for extra cryptocurrency infrastructure. Users can handle their finances with unmatched adaptability, free from limitations, at any time and location. This integration allows companies to seamlessly incorporate tokenized treasuries into their processes. OUSG is more than merely a tokenized version of short-term US Treasuries; it is also the inaugural on-chain treasury asset that can be composed. One significant benefit of OUSG is that it features lower minimum investment thresholds and fees compared to conventional investment alternatives.