Ondo Finance buys $25 million of YLDS…Begins diversifying income-generating assets after EU approval

Ondo Finance has purchased $25 million worth of the income-generating stablecoin YLDS, pursuing diversification of revenue sources for its flagship product OUSG. The purchase is part of a strategic investment that includes YLDS issued by Figure Technology Solutions and is an element of Ondo Finance's expansion of real-world asset (RWA) tokenization.

According to an AMB Crypto report on the 26th (local time), Ondo Finance's flagship product OUSG (Ondo Short-Term U.S. Government Treasuries) is a tokenized asset that invests in short-term U.S. government bonds, and its total value locked (TVL) is over $780 million. Investors can redeem 24 hours a day and can expect an annual 3.68% yield. Ondo Finance stated, "With the inclusion of YLDS, the revenue structure centered on traditional asset managers such as BlackRock and Fidelity has become more stable."

This move came a month after Ondo Finance expanded its services to the BNB Chain. In October, Ondo Finance expanded multi-chain accessibility by supporting trading of more than 100 tokenized stocks and exchange-traded funds (ETFs) on the BNB Chain. On November 18, it announced that it had obtained regulatory approval to operate within the European Union (EU) and the European Economic Area (EEA).

Ondo Finance received authorization from the Liechtenstein Financial Market Authority (FMA), enabling legal issuance of tokenized securities within the EU. The company explained, "This approval lays the groundwork to safely offer our tokenized assets and ETFs to European investors," adding, "Operating within the EU digital asset regulatory framework will further enhance credibility and transparency."

Market observers link Ondo Finance's actions to forecasts that "tokenized income-generating real-world assets will become the center of next-generation financial innovation." However, Ondo Finance's native token ONDO has recently continued to decline and is in a short-term adjustment phase. According to TradingView data, ONDO has shown structural weakness since September, with the $0.5–$0.55 range acting as a major resistance.