Ondo Finance is a decentralized finance (DeFi) protocol that designs institutional-grade platforms, assets, and infrastructure to bring financial markets onchain. Its flagship products include USDY (a permissionless yield-bearing stablecoin backed by short-term US Treasuries) and OUSG (a tokenized US Treasuries fund for institutional investors), targeting both retail and institutional clients seeking compliant, yield-generating digital assets.
Total raised
$34M
Last stage
Series A
Investors
Nathan Allman
Founder and CEO of Ondo Finance. Previously worked on Digital Assets at Goldman Sachs and founded ChainStreet Capital, a quantitative crypto hedge fund. Holds an MBA from Stanford GSB and a BA from Brown University.
LinkedInPinku Surana
Co-founded Ondo Finance in 2021 alongside Nathan Allman with a mandate to bridge institutional capital markets and compliant DeFi.
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