Ondo Finance opens its first office in the Asia-Pacific region

ChainCatcher news, according to The Block, the tokenized securities issuance platform Ondo Finance has announced the opening of its first office in the Asia-Pacific region. The company claims to hold nearly 40% of the global tokenized securities market share and currently offers three tokenized products—OUSG, OMMF, and USDY—that allow investment in U.S. assets such as U.S. Treasury bonds and money market funds.

Ondo has appointed Ashwin Khosa, who previously worked at Tether and Bitfinex, as the Vice President of Business Development for the Asia-Pacific region. Ondo did not specify the location of its office in the Asia-Pacific region in its statement.