The collaboration will expand the reach of BlackRock’s institutional offerings. Through this collaboration, institutional investors will be able to purchase the BlackRock USD Institutional Digital Liquidity Fund (BlackRock
This product will allow users to access "OUSG," which is supported by the USD Institutional Digital Liquidity Fund (BUIDL).
It can be issued and redeemed 24/7 using Ripple USD (RLUSD), an enterprise-grade, US dollar-based stablecoin.
"OUSG" is BlackRock's "iShares Short Treasury Bond ETF (iShares Short Treasury Bond
The RWA token is a tokenized version of short-term U.S. Treasury bonds, which make up the bulk of the Ethereum Exchange Traded Fund.
Ripple and Ondo signed an agreement to provide OUSG liquidity during the initial launch, and will provide RPA tokenized in XRPL.
This follows OpenEden's introduction of tokenization of the U.S. Treasury Bill (T-BILL), Ripple's U.S. Treasury token,
Tokenized U.S. Treasury securities like OUSG are experiencing rapid growth driven by institutional demand for liquidity, efficiency, and transparency in capitalist markets.
Meanwhile, the tokenized assets market is expected to see further explosive growth, with market forecasts projecting it will reach $16 trillion by 2030. XRPL is a way for institutional investors to trade traditional gold.
"Ondo is uniquely positioned to enable the migration of financial assets on-chain, providing increased security, verifiable trust, and new revenue-generating opportunities.
By introducing OUSG to XRPL, “Digital Finance” will provide the following benefits as an on-chain solution:
△ Institutional Level Security: OUSG has implemented strict Know Your Customer (KYC) and Anti-Money Laundering (AML) controls.
XRPL is backed by short-term U.S. Treasury securities managed by the SEC. XRPL also includes native components such as Decentralized Proof of Identity (DID) and on-chain credential management.
Compliance is easy as they are built under a single set of rules. △Accessible Liquidity: OUSG and RLUSD provide institutional investors with high quality, low risk liquidity solutions.
XRPL provides a blockchain-based platform for efficient portfolio management and increased access to tokenized U.S. Treasury securities. △ Scalable decentralized blockchain technology: High throughput of XRPL
Ripple X’s SVP Katie
Wheeler said: "Same-day settlement within 24 hours using tokenized assets like OUSG represents a revolutionary change in how capital flows are managed.
"This low-risk, high-quality liquidity option will not only provide better accessibility for investors, but also the ability to scale up the liquidity of our blockchain-based solutions," said the company's CEO, Ian Wilson.
"This innovation, which has solved a major hurdle together with Ondo Finance, will bring greater stability to the blockchain-based market," he said.
"We believe that broad adoption of i will position XRPL as the foundation for institutional-grade financial solutions," Ondo said.
Katie, VP of Partnerships at Finance
Wheeler said, "OUSG, an institutional-grade tokenized U.S. Treasury bond fund, is a blockchain-based platform trusted by institutional investors.
"We are excited to bring this integration to our flagship XRP Ledger, which is purpose-built for compliance-first, guaranteed-return products and institutional adoption," he said.
"It's a natural fit between the Ondo network and the blockchain, laying the foundation for forward-thinking institutional investors to lead a new era of on-chain capitalist markets."
Finance is the first tokenized U.S. Treasury platform to surpass $600 million in total value locked (TVL) and is open to accredited investors.
It offers instant participation, redemption, daily yield, low fees, and multi-chain availability 24/7. XRPL is designed to meet the requirements of traditional financial institutions and is
With native capabilities for tokenization, trading, escrow, compliance, and seamless asset transfer, it provides the essential foundation for RWA tokenization and institutional DeFi.
For over a decade, Ripple has been using XRPL for cross-border payments, cryptocurrency storage, and stablecoin issuance. XRPL is also the first native decentralized exchange (
DEX, Automated Market Maker (AMM), Decentralized Identifier (DID), Price Oracle
Oracles), Multi-Purpose Tokens (MPT), Permissioned Domains, Lending Protocols, etc.
Through a comprehensive package including upcoming features, it continues to expand its capabilities and establishes itself as the go-to blockchain for institutional DeFi.
2025/02/05 10:56 KST
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