Figure (FIGR) Technology Solutions announced that Ondo Finance has made a $25M strategic investment in Figure’s $YLDS stablecoin which is issued by Figure’s subsidiary Figure Certificate Company, as part of the backing of Ondo Short-Term US Treasuries Fund, Ondo’s flagship tokenized fund. The addition of $YLDS will enhance and diversify the yield source supporting OUSG, complementing a portfolio currently invested in funds issued by leading asset managers. This transaction with Ondo follows Figure’s recent IPO, marking a major milestone in the company’s mission to modernize capital markets.
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