Grvt eyes $100 million USDY position in Ondo Finance tie-up
Covered by 2 sources · 2 articles
2 outlets - including Crypto and Theblock - are covering this story. CeDeFi trading platform Grvt has partnered with Ondo Finance to build a position of up to $100 million in the tokenization firm’s yield-bearing USDY product over the next 12 months. According to Grvt, USDY will be integrated into Grvt Earn,…
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Grvt to build $100 million USDY position under Ondo partnership
CeDeFi trading platform Grvt has partnered with Ondo Finance to build a position of up to $100 million in the tokenization firm’s yield-bearing USDY product over the next 12 months. According to Grvt, USDY will be integrated into Grvt Earn,…
Grvt eyes $100 million USDY position in Ondo Finance tie-up
USDY is a tokenized secured note backed primarily by short-term U.S. Treasurys, Treasury-based ETF shares, and bank deposits.