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Ondo Finance has taken a notable step in reshaping the reserve strategy behind its flagship tokenized treasury product. This comes as on Monday, the RWA leader announced a $25 million strategic investment in Figure Technology Solutions’ yield-bearing stablecoin, $YLDS. The purchase will see YLDS added to the reserve mix that backs Ondo’s OUSG short-term U.S.
The post Ondo Finance Makes Big Change in Reserve Strategy With $25M Investment in Figure appeared first on CoinGape.
The Federal Open Market Committee (FOMC) is expected to hold its final policy meeting for 2025 on December 9-10. This will bring to a...
Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging...
President Donald Trump’s tariffs are hitting toy giants Mattel and Hasbro as the critical holiday season nears. Still, both companies see a successful year...
A group that includes activist investor Jana Partners and NFL player Travis Kelce says it has accumulated one of the largest ownership stakes in...