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CryptoNewsOndo Turns to Figure’s Stablecoin with $25M Investment to Back Tokenized Fund
Ondo Turns to Figure’s Stablecoin with $25M Investment to Back Tokenized Fund
Crypto

Ondo Turns to Figure’s Stablecoin with $25M Investment to Back Tokenized Fund

•November 24, 2025
0
Cointelegraph
Cointelegraph•Nov 24, 2025

Companies Mentioned

Ondo Finance

Ondo Finance

Coinbase

Coinbase

COIN

Figure

Figure

Tether

Tether

Ledn Inc.

Ledn Inc.

BlackRock

BlackRock

BLK

Fidelity

Fidelity

Franklin Templeton

Franklin Templeton

LM

WisdomTree Asset Management

WisdomTree Asset Management

WT

Fireblocks LLC

Fireblocks LLC

Nasdaq

Nasdaq

NDAQ

Dune

Dune

DefiLlama

DefiLlama

Why It Matters

The investment strengthens Ondo’s reserve diversification, enhancing confidence in its tokenized Treasury fund and signaling growing institutional adoption of stablecoins as collateral in on‑chain finance.

Ondo turns to Figure’s stablecoin with $25M investment to back tokenized fund

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