Ondo Finance is a decentralized institutional-grade financial protocol leveraging blockchain technology to offer institutional-grade financial products and services, creating an open, permissionless, decentralized investment bank. Ondo’s core business involves bringing low/no-risk, stable, and scalable fund products (such as U.S. Treasuries and money market funds) onto the blockchain, offering an alternative to stablecoins for on-chain investors, allowing holders rather than issuers to earn most of the underlying asset’s yield.