TechFlow reports that real-world asset (RWA) tokenization platform Ondo Finance has announced a collaboration with asset issuance chain Noble to bring its tokenized U.S. Treasury products to the Cosmos ecosystem.
Ondo plans to issue USDY as the first asset natively on Noble—a tokenized note backed by short-term U.S. Treasuries offering a 5.2% annual yield, targeting launch by the end of Q2 this year.
USDY is currently available on Ethereum, Solana, Mantle, and Sui.
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