New Token Offering Announcement: Ondo U.S. Dollar Yield (USDY) Now Available on EX.IO’s OTC Channel

Dear EX.IO Customers, 

We are pleased to announce that EX.IO has officially launched the distribution of the new tokenized product, Ondo U.S. Dollar Yield (USDY), on our OTC channel. This product is currently available to Professional Investors (PI) only and accepts subscriptions in USD.

About USDY  

USDY is a tokenized note issued by Ondo Global Markets (BVI) Limited, a subsidiary of Ondo Finance. It is designed to provide qualified non-U.S. investors with U.S. dollar-denominated yield backed by a portfolio of U.S. Treasuries and bank demand deposits.

According to information provided by the issuer, USDY rewards holders through daily Net Asset Value (NAV) appreciation rather than dividends or rebasing mechanisms. This means the token’s reference price increases daily as interest accrues from the underlying assets. Furthermore, USDY utilizes a bankruptcy-remote legal structure, with underlying assets held by third-party custodians such as Morgan Stanley, and provides daily attestations of reserves to ensure fund security and transparency.

Product Feature Summary 

• Product Name: Ondo U.S. Dollar Yield

• Ticker Symbol: USDY

• Legal Classification: Tokenized Note

• Eligible User Type: Professional Investors (PI) only 

• Underlying Assets: Short-term U.S. Treasuries and bank deposits

• Network: Ethereum (ERC-20)

If you would like to learn more about this product, please feel free to contact our team.

About EX.IO  

EX.IO is a regulated virtual asset trading platform (VATP) licensed by the Hong Kong Securities and Futures Commission (SFC) since December 2024. As one of the first approved platforms, EX.IO is committed to bridging traditional finance and the Web3 ecosystem by offering compliant and high-quality Real-World Asset (RWA) investment solutions.

Disclaimer  

The content contained herein is for informational purposes only. Virtual asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. Prior to making any investment, you should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser.