Ondo Finance
Latest round
- Series A
Last raised
- Apr 2022
Total raised
- $24M
Investors
- 17
About Ondo Finance
Ondo Finance, Inc.Founded in 2021, Ondo Finance operates from New York, US. The company specializes in yield-generating assets and does not have any reported pivots or changes in its business operations. Its founders include Daniel Shim, Henry Yu, and Nathan Allman, with Daniel Shim currently serving as CEO.Ondo Finance specializes in bridging traditional finance with decentralized finance (DeFi) through its innovative product offerings, primarily focused on yield-generating assets. The company's flagship products include the US Dollar Yield (USDY) and the Ondo Short-Term US Treasuries Fund (OUSG). Transactions typically involve minting or redeeming USDY and OUSG, with a fee-based model for these processes. While specific pricing plans are not disclosed, the company focuses on institutional-grade transparency and compliance to foster trust with its clientele.
Who invested in Ondo Finance
17 investors across 2 rounds
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Questions about Ondo Finance
Who invested in Ondo Finance?
Ondo Finance has 17 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ondo Finance raised?
Ondo Finance has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Ondo Finance last raise money?
Ondo Finance's most recent round on record is a Series A, in Apr 2022.
What does Ondo Finance do?
Ondo Finance is a financial services company.
Where is Ondo Finance headquartered?
Ondo Finance is headquartered in New York, US.
Which VCs invest in companies like Ondo Finance?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Ondo Finance's stage. Their profiles are linked below.
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