EU institutional market to gain access to US treasuries through Ondo’s OUSG fund on Assetera
Polygon Weekly Overview - February 21, 2025
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By The Numbers
Polygon daily active users: 536.52K (-1.66%)
Polygon daily txns: 3.42M (+2.4%%)
Polygon Total Volume Locked (TVL): $806M (+2.45%)
NFT weekly sales volume: $8.93M (+12.96%)
Top 3 NFT collections by sales volume:
Courtyard: $7.95M (+12.2%)
LEDNFT: $276.36K (+2585.71%)
Voxies: $73.65K (-14.04%)
The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.
Agglayer Spotlight
🟪What happened: Ondo Finance's tokenized U.S. Treasury fund OUSG is now available on Assetera’s platform, built on Polygon.
🟪Why does it matter: This expansion opens up institutional access of tokenized US treasuries to European investors through a regulated environment. Assetera is Europe's first MiFID-licensed marketplace for blockchain-based securities. The platform is a trading venue that allows European institutional investors to now have a secure platform to engage with blockchain-based assets.
Assetera's platform is tailored to institutional needs with features like price discovery, fast settlement and trade execution, and both custodial and non-custodial options for investors. This partnership opens up new possibilities for European institutions to diversify their portfolios with digital assets, while remaining within a regulated framework they need to operate in.
US treasury bills are often regarded as a safer option from an investment standpoint, so OUSG could be viewed as a more secure fund than the typically volatile crypto markets. The fund provides 24/7 liquidity, addressing key institutional needs that go beyond traditional market hours. OUSG's institutional-grade security also meets the requirements of many regulated investors and firms wanting exposure to US treasuries as a traditional investment or hedge against uncertainty. OUSG currently has $419 million in TVL, showing a strong investor interest in a very short time.
The fund is also backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), short-term US treasuries and GSE funds from Franklin Templeton, as well as other institutions like WisdomTree, Wellington Management, and FundBridge Capital.
🟪The big picture: The OUSG integration with Assetera marks an important step for European investors interested in digital assets as it connects traditional finance, regulatory compliance, and blockchain technology across the continent.
This integration could catalyze the creation of more diverse tokenized financial products, as well as further adoption in Europe and around the world.
With Agglayer’s fast interop on the horizon, this can also support unified trading of traditional and crypto assets on a single ecosystem, making it more accessible and efficient. Polygon’s technology and Agglayer’s ecosystem can help create a more interconnected financial system that bridges traditional finance with DeFi.
Into the Agglayer
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Ecosystem Showcase
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Polygon PoS recorded 1.3B transactions and 55.4M active wallets
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.