ChainCatcher reports that Ondo Finance, together with State Street Investment Management and Galaxy Asset Management, has announced the SWEEP program, a new private tokenized liquidity fund designed to bring traditional cash management on-chain.
Ondo's flagship tokenized fund, OUSG, plans to serve as the primary anchor investor for SWEEP, leveraging the fund to further diversify its reserves and enhance OUSG investors' access to 24/7 liquidity. SWEEP is scheduled for launch on the Solana network in early 2026. OUSG holds a diversified portfolio of institutional tokenized U.S. Treasury funds, pooling the 24/7 stablecoin liquidity offered by many of these funds and enabling OUSG holders, as well as holders of these third-party funds through Ondo Nexus, to access this liquidity.
