According to Techub News, CoinDesk reported that Ondo Finance, a real-world asset (RWA) tokenization platform, announced that it has partnered with asset issuance chain Noble to introduce its tokenized U.S. Treasury products into the Cosmos ecosystem. The first asset Ondo plans to issue locally through Noble is USDY, a tokenized note backed by short-term U.S. Treasury bonds with an annual yield of 5.2%, targeted at the end of the second quarter of this year. USDY is currently available on Ethereum, Solana, Mantle, and Sui.