$GRVT is making a major move into tokenized real-world assets.
The platform has partnered with Ondo Finance with plans to build a $100 million position in USDY over the next 12 months.
USDY is a tokenized yield-bearing asset primarily backed by short-term U.S. Treasuries and similar high-quality instruments.
@grvt_io plans to integrate USDY directly into Grvt Earn, while holding and managing the underlying exposure on its own balance sheet. Users won’t need to hold USDY themselves, but could receive roughly 3.5% additional yield on top of their existing base returns.
The partnership highlights a broader trend: institutional platforms are increasingly looking toward tokenized fixed-income products and real-world assets as a way to bring traditional yield opportunities on-chain.
$BLUAI
$VELVET
The platform has partnered with Ondo Finance with plans to build a $100 million position in USDY over the next 12 months.
USDY is a tokenized yield-bearing asset primarily backed by short-term U.S. Treasuries and similar high-quality instruments.
@grvt_io plans to integrate USDY directly into Grvt Earn, while holding and managing the underlying exposure on its own balance sheet. Users won’t need to hold USDY themselves, but could receive roughly 3.5% additional yield on top of their existing base returns.
The partnership highlights a broader trend: institutional platforms are increasingly looking toward tokenized fixed-income products and real-world assets as a way to bring traditional yield opportunities on-chain.
$BLUAI
$VELVET