02.20.2025

EU Gains Access to Tokenized U.S. Treasury Products

02.20.2025
Trading Europe From ‘Across the Pond’

The collaboration enables both retail and institutional European investors to access tokenized U.S. Treasury products through Assetera, the first EU-regulated RWA trading facility 

Assetera, a recently launched MiFID-licensed trading facility for blockchain-based securities in Europe, announced the listing of the leading institutional-grade tokenized US Treasuries fund built by Ondo Finance, an institutional-grade asset manager coalescing DeFi and traditional finance, on Assetera’s Polygon-based platform. This listing makes institutional-grade tokenized securities available to European investors through a compliant, blockchain-based trading facility.

The collaborative efforts will enable Assetera’s institutional and retail clients to trade Ondo’s OUSG (Ondo Short-Term US Government Bond) token on the Polygon network through Assetera’s platform.

“This relationship represents a crucial step forward in bridging traditional finance with digital assets through a regulated environment,” said Thomas Labenbacher, CEO of Assetera. “European institutions can now trade Treasury-backed digital assets around the clock with the same level of trust they expect from traditional finance, but with the speed and efficiency that only blockchain technology can deliver. This provides a reimagined entire trading experience for sophisticated investors who demand both innovation and institutional-grade security.”

Traders will now have direct access to Ondo’s tokenized Treasuries fund through Assetera’s intuitive trading interface, supported by minute-by-minute reference pricing that ensures transparent price discovery in the secondary market. The platform enables atomic settlement, helping to eliminate counterparty risk through instantaneous trade execution and settlement.

OUSG, natively supported on Polygon, in addition to Ethereum, was built specifically for institutional investors to offer exposure to short-term US Treasuries funds with 24/7 instant mints and redemptions. While OUSG is primarily invested in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), it also leverages, or will soon leverage, additional tokenized Treasuries and GSE Products from Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital as part of Ondo Nexus—Ondo’s newly launched infrastructure layer unlocking instant liquidity for multiple third-party issuers.

With $394 million in a total value locked (TVL), OUSG currently offers a daily yield of 4.02% APY via exposure to lower-risk and liquid US Treasury bills while accruing daily interest by simply holding OUSG. The asset offers the stability, transparency, and liquidity of high-quality US Treasuries funds and prioritizes compliance, representing interests in a 3(c)(7) fund that is offered and sold in reliance on Rule 506(c) of the US Securities Act.

On the collaboration, Oya Celiktemur, Ondo’s Director of EMEA, said: “This collaboration enables us to serve the European market through a regulated venue that shares our commitment to compliance and innovation in digital asset trading.”

Institutional investors can choose between custodial solutions through Assetera’s banking partners or maintain self-custody of their assets while operating within a comprehensive EU regulatory framework that includes MiFID II compliance and upcoming MiCA standards.

OUSG will be available to qualifying investors starting February 20th, 2025, with support for non-custodial wallet solutions through Assetera’s platform.

Source: Assetera,


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