Ondo Finance backs Saturn in undisclosed round to tokenise Strategy STRC products

What's the deal? Saturn, a structured-products platform, has partnered with Ondo Finance to integrate institutional-grade tokenised assets into products based on StrategyDealroom has a profile for this one. Try Dealroom →'s perpetual preferred stock, STRC. Ondo Finance also made a strategic investment in Saturn, although the financial terms were not disclosed.

Why now? The collaboration will see Saturn use Ondo's tokenised assets to enhance the collateral or yield components of structured products linked to STRC, issued by Strategy (formerly MicroStrategyDealroom has a profile for this one. Try Dealroom →).

What it means. The partnership reflects the growing integration of real-world assets with decentralised finance and could broaden the use of tokenised products beyond simple collateral.

Read more: BitcoinWorld

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