Drift Protocol has announced a groundbreaking partnership with Ondo Finance to integrate tokenized real-world assets (RWAs) such as treasury bills into the Solana DeFi ecosystem. This collaboration marks the first time yieldcoins, including $USDY, can be used as collateral on a perpetuals platform. As part of the integration, USDY will be available on Drift for perps trading, enhancing capital efficiency and utility. Drift Protocol, which has $400 million in deposits across over 20 assets, aims to build Solana’s financial layer by bringing more assets on-chain.
There are more than 200 companies tokenizing #RWAs. Where will the world find them, trade them, or get a loan on them? #FirstRWAmarket
🟧 @DriftProtocol is excited to announce a partnership with @OndoFinance 🟧The partnership will kick off by bringing $USDY onto Drift as collateral for margin trading and perpetuals 🔽VISIT https://t.co/bT8OyLZngm #ARB_Universe https://t.co/K7cqQ7pE6H
We all know that a recent BlackRock's move into #RWA is a game-changer. RWA tokens on @binance are set to lead this bull run, and a $100 investment could turn into $10k by 2025. Discover my top 8 most promising RWA tokens below ⬇️🧵 https://t.co/wfxz49mUV8
For the first time ever, yieldcoins can be used as collateral on a perpetuals platform.. Thanks to the @DriftProtocol x @OndoFinance partnership, bringing RWAs to Solana’s DeFi ecosystem🔥 As of tomorrow, USDY will be available as collateral for perps trading and… https://t.co/pxhj3Ccxdj
Official. $DRIFT will have $ONDO RWA assets. Clean. https://t.co/YlYr9zBIYW
Tokenized RWAs as collateral and Ondo x Drift Partnership Drift is building Solana’s financial layer — a home for tokenized assets onchain. The platform has $400m in deposits across +20 assets (LSTs, ecosystem tokens, stables, RWAs) and $80m in borrowed assets Drift is the only…
JUST IN: @DriftProtocol partners with @OndoFinance to integrate tokenized real-world assets (RWAs) like treasury bills into Solana DeFi. USDY will be integrated on Drift, enhancing capital efficiency and utility, with plans to bring more assets on-chain. https://t.co/sGNrSC9mZ0
🌐 Marking the first time yieldcoins can be used as collateral on a perpetuals platform, we are excited to announce that $USDY is now available as collateral on @DriftProtocol. Welcome to the Ondo Ecosystem, Drift! 🌐 🌊 $USDY holders on @solana can now utilize their… https://t.co/OBHcP3winI https://t.co/r6CZGDVYm9
BREAKING: @DriftProtocol PARTNERS WITH @OndoFinance TO INTEGRATE RWAS INTO SOLANA DEFI - "... ASSETS SUCH AS TOKENIZED TREASURY BILLS AS COLLATERAL ON A PERPETUALS PLATFORM" https://t.co/e8NiWB2RcI
We're excited to announce our partnership with @OndoFinance, to integrate RWAs into Solana DeFi. The partnership is the first of it's kind, integrating assets such as tokenized treasury bills as collateral on a perpetuals platform. What does this mean for you? 👇 https://t.co/Ul2sovf2Nm