For stablecoin holders searching for risk-free safe havens, there’s one fresh option on the market: Ondo Finance’s new tokenized US Treasury and bond offerings. As of now, the fund is set to be split between three separate tokenized share classes, Ondo said on Tuesday. Each share class invests in a single short-term US Treasury and bond exchange-traded fund, “managed by institutions like Blackrock and PIMCO,” according to the firm. The minimum investment is 100,000 USDC under a management fee of 0.15%. Interested investors are subject to compliance requirements, including know-your-customer (KYC) provisions and compliance safeguards designed to ward off money laundering. (Blockworks)
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