OUSG $OUSG

Ondo Capital Management, a subsidiary of Ondo Finance, oversees and manages OUSG, a tokenized short-term US Treasury bills ETF. A dominant part of this portfolio is invested in the iShares Short Treasury Bond ETF (NASDAQ: SHV), with a minor portion placed in USDC and USD to ensure liquidity.

About OUSG

OUSG is a pioneering solution that brings exposure to the 'risk-free' US Treasury rate on-chain. It offers a stable and predictable return, making it an excellent investment option for those seeking a balance between reliability and liquidity. Ondo funds, including OUSG, are exclusively invested in ETFs backed by secure, stable, and liquid securities, the same assets trusted globally by leading institutions.

How OUSG Was Created

Ondo Finance, a leading DeFi software development firm, developed OUSG alongside two other fund tokens, OSTB and OHYG. Ondo's journey began in August 2021 with the launch of Ondo Vaults, a structured finance protocol on Ethereum, and Liquidity-as-a-Service (LaaS), which facilitated over $210M in total liquidity. But in 2022, as DeFi yields compressed, the team decided to sunset Vaults and LaaS ("Ondo V1") and focus on next-generation protocols. Ondo V2, including Ondo's tokenized funds, was announced by Nathan Allman in January 2023, with subscriptions opening soon after.

Usage of OUSG

For investors cleared through KYC and AML screening procedures and who have signed subscription documents, OUSG tokens represent ownership in the fund. These tokens can be transferred between each other, allowing for changes in fund ownership. Furthermore, investors can use these smart contracts to facilitate their financial arrangements, such as lending and trading activities. The tokens have transfer restrictions to ensure they only remain in the hands of those qualified as investors in the fund.