The biggest names in TradFi are moving onchain. Fidelity joins BlackRock, Circle, and Franklin Templeton - and Ondo is the bridge making it possible. 🌊
We’re proud to share that Ondo Finance’s OUSG fund is the sole anchor and largest investor in Fidelity’s new tokenized fund, Fidelity Digital Interest Token (FDIT). Fidelity’s entry marks another major milestone in the institutional embrace of tokenization. We’re encouraged to see this momentum and proud that Ondo is playing a pivotal role in catalyzing adoption, liquidity, and infrastructure through OUSG. When Ondo launched OUSG in January 2023, it was one of the first tokens to provide investors with exposure to U.S. Treasuries onchain. That early step has since been followed by major institutions. The subsequent launch of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) in March 2024 introduced a meaningful step forward for tokenized Treasuries, particularly through its integration with Circle to enable instant redemptions to USDC. We were proud to be the first to integrate BUIDL into our own infrastructure, migrating the vast majority of OUSG’s reserves into the BUIDL fund. Over time, we have diversified OUSG’s holdings into multiple sources of collateral. Now, we’re excited to include Fidelity’s FDIT as a key addition. OUSG has since grown into a flagship product with more than $730m in total value locked, delivering: → Instant, 24/7 subscriptions and redemptions → Daily interest accruals → Low fees → Multi-chain support across Ethereum, Solana, Ripple, and Polygon OUSG’s portfolio also now spans funds from the world’s most trusted asset managers, including: → BlackRock’s BUIDL → Fidelity’s FDIT → Franklin Templeton’s BENJI → WisdomTree’s WTGXX → Wellington Management and FundBridge Capital’s ULTRA This broad base reflects a growing TradFi–DeFi collaboration, with Ondo as a central connector. The launch of Fidelity’s FDIT signals another step forward for tokenization, one that Ondo is proud to help accelerate through OUSG. We’re proud to build on innovations from companies like Circle, BlackRock, and now Fidelity. As tokenized finance evolves, Ondo will continue to play a key role in driving innovation across the assets, infrastructure, and protocols that enable a more open, global financial ecosystem.
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