Ondo Finance expands tokenized government bonds to Polygon

ChainCatcher news, according to CoinDesk, the RWA platform is expanding tokenized government bonds to Polygon, with Ondo's OUSG token being one of the largest on-chain tokenized government bond products, managing $134 million in assets on Ethereum.

It is reported that Ondo has issued OUSG on the Polygon network, which is a tokenized version of BlackRock's short-term U.S. government bond exchange-traded fund. The company also plans to introduce its upcoming yield-generating stablecoin alternative (a tokenized money market fund called OMMF) as well as the decentralized lending market Flux Finance developed by Ondo (pending governance approval) to Polygon. (source link)