Hex Trust has entered into a strategic partnership with Ondo Finance to enhance its digital asset custody services. It offers customers access to two of Ondo’s leading yield coins such as $USDY and $OUSG. This collaboration marks a significant step for Hex Trust. It aims to expand the range of digital assets available for safe storage on its platform.
Ondo Finance, known for its new approach to tokenization, introduces $USDY and $OUSG as profitable assets to participate in the digital economy. There is a significant condition to point out that $USDY is unavailable to the persons in the United States while it has not been registered under the Securities Act of the United States, which highlights its global perspective.
Their inclusion in Hex Trust’s custodial platform underscores the firm’s commitment to providing comprehensive custodial services for yield coins. This gives Hex Trust’s institutional clients the ability to securely store and manage $USDY and $OUSG through Hex Trust’s interoperable custodial services. This partnership also reflects Ondo Finance’s commitment to making its range of financial products available to more institutional clients through custody service providers.
Image: Hex Trust
