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Ondo Finance teams with BlackRock to offer tokenized US Treasuries for Sky's $1B asset tokenization race

Protocol Fundamentals
25 Sep 2026
CrowdFundInsider
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Bullish
Ondo Finance teams with BlackRock to offer tokenized US Treasuries for Sky's $1B asset tokenization race

Ondo Finance, in partnership with BlackRock and Securitize, has proposed its tokenized US Treasuries product, OUSG, for Sky's Spark Tokenization Grand Prix, aiming to bring $1 billion in tokenized assets into the Sky ecosystem. OUSG is an on-chain fund tracking short-term US government securities, offering 24/7 subscriptions and redemptions with low fees and minimums, and operates across multiple blockchains like Ethereum and Solana. The product seeks to diversify Sky's real-world asset holdings and support the sUSDS stablecoin by providing a stable yield and reducing reliance on volatile crypto collateral. This collaboration highlights a growing trend of traditional asset managers and DeFi protocols working together to professionalize reserve management and integrate tokenized government securities into decentralized finance.

Ondo Finance's tokenized US Treasuries product, OUSG, is proposed for Sky's tokenization initiative. For readers following the cryptocurrency market, here is Pluang's snapshot as of Sep 26, 2026 01:51 WIB: out of 50 major cryptocurrencies, 37 rose and 12 fell. Ethereum Classic (ETC) traded at Rp167.967 with a 1-day change of -5.38%, Decentraland (MANA) at Rp1.643 with +5.05%, and Chainlink (LINK) at Rp247.861 with +4.78%.

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