About Portfolio
Ondo (ONDO) is the governance token of Ondo Finance, a DeFi protocol focused on tokenizing real-world assets (RWAs) like U.S. Treasuries and money market instruments. It aims to bridge traditional finance and decentralized finance by offering institutional-grade products—such as USDY stablecoin, OUSG bond tokens, and Flux Finance lending.
Governance & Token Utility
ONDO is used for on-chain governance through the Ondo DAO, enabling holders to vote on protocol upgrades, treasury allocations, and lending parameters. It can be staked or delegated to support governance participation and earn rewards linked to ecosystem growth.
Key Milestones & Ecosystem Growth
Launched in 2021 by founders from Goldman Sachs and token sells via CoinList
Introduced USDY stablecoin, OUSG bond tokens, and Flux Finance lending markets
Over $16 billion in total value across USDY and OUSG products
Expanded cross-chain access via bridges to Ethereum, Solana, Polygon, Aptos, and Injective
Developed Ondo Chain, a dedicated Layer 1 blockchain for institutional-grade RWAs
Overseen by the Ondo Foundation, which manages protocol development, partnerships, and regulatory compliance
Network Architecture
Dual structure: Ondo Finance (DeFi protocol) and Ondo Chain (permissioned Layer 1 for RWAs)
Uses tokenized RWAs as collateral and for network security on Ondo Chain
Permissioned validators oversee security, oracles, bridging, and compliance
Supports modular finance applications including stablecoins, bond lending, DeFi vaults, RWA custody, and ecosystem-specific governance units
Disclosure Statement
The investments or portfolio companies mentioned, referred to, or described on this page are not representative of all investments made by Tecra Venture Capital. There can be no assurance that any investment will be profitable, or that other investments made in the future will have similar characteristics or outcomes.
This list reflects both current and historical investments and excludes holdings that have not been publicly disclosed by Tecra, including positions in publicly traded digital assets — whether acquired during early fundraising rounds or later on secondary markets after public listing.
It also does not include portfolio companies that (i) have ceased operations without a liquidity event or exit, and (ii) whose equity has been written down to zero without the receipt of any compensating asset. The list is updated periodically and may not reflect Tecra’s most recent investment activity.
Past performance of Tecra Venture Capital’s investments, investment vehicles, or strategies is not necessarily indicative of future results.