According to Foresight News, Ondo Finance announced that Zodia Custody has supported its USD yield-bearing asset USDY AND OUSG support will be launched soon. Institutional clients can now safely deposit such yield assets backed by US Treasuries throughies through Zodia's compliant custody solution for cash management and other needs.
Zodia Custody, a custody custody provider with a banking background, is registered in multiple countries and has received regulatory approval, offering high-standard security, compliance, and risk management services. This integration enables institutions to conveniently access on-chain yield opportunities through USDY and OUSG without compromising security, and conduct diversified strategies such as lending. Among them, OUSG is targeted at qualified investors and supports 24/7 minting and redemption; USDY provides daily US Treasury yields for non outside-retail investorsors with stablecoin convenience. Through Zodia's custody infrastructure, both assets help institutions simplify operational processes and expand digital asset deployment paths.
Ondo and Zodia stated that they will continue to promote institutional on-chain asset access under a compliant framework, jointly helping traditional finance move towards DeFi.
