Ondo Invests $25 Million in Figure’s $YLDS Stablecoin to Power OUSG and Expand Tokenized Treasury Yield
Figure Technology Solutions (Nasdaq: FIGR) said Ondo Finance invested $25 million in Figure’s $YLDS stablecoin to back Ondo Short-Term US Treasuries Fund (OUSG), diversifying OUSG’s yield sources and complementing existing asset-manager funds.
The release notes $YLDS is a registered security that pays interest and shares utility/assets with GENIUS Act stablecoins. The deal follows Figure’s recent IPO and complements Figure’s Democratized Prime platform, where $YLDS is collateral for pools including the on-chain HELOC Pool. Figure reports $19 billion in blockchain-based lending on Provenance Blockchain.
Figure Technology Solutions (Nasdaq: FIGR) ha riferito che Ondo Finance ha investito $25 milioni in lo stablecoin $YLDS di Figure per sostenere il Fondo Ondo Short-Term US Treasuries Fund (OUSG), diversificando le fonti di rendimento di OUSG e completando i fondi gestiti esistenti.
Il comunicato segnala che $YLDS è un titolo registrato che paga interessi e condivide utilità/asset con stablecoin GENIUS Act. L'accordo segue l'IPO recente di Figure e completa la piattaforma Democratized Prime di Figure, dove $YLDS è collaterale per pool tra cui l'HELOC Pool on-chain. Figure riporta $19 miliardi in prestiti basati su blockchain su Provenance Blockchain.
Figure Technology Solutions (Nasdaq: FIGR) dijo que Ondo Finance invirtió $25 millones en la stablecoin $YLDS de Figure para respaldar el Ondo Short-Term US Treasuries Fund (OUSG), diversificando las fuentes de rendimiento de OUSG y complementando los fondos de gestores de activos existentes.
El comunicado señala que $YLDS es un valor registrado que paga intereses y comparte utilidad/activos con las stablecoins GENIUS Act. El acuerdo sigue a la reciente IPO de Figure y complementa la plataforma Democratized Prime de Figure, donde $YLDS es colateral para pools que incluyen el HELOC Pool on-chain. Figure reporta $19 mil millones en préstamos basados en blockchain en Provenance Blockchain.
Figure Technology Solutions (나스닥: FIGR)은 Ondo Finance가 Figure의 $YLDS 스테이블코인에 $25백만을 투자해 Ondo Short-Term US Treasuries Fund (OUSG)를 뒷받침하고 OUSG의 수익원 다변화와 기존 자산운용 펀드를 보완했다고 밝혔다.
공시는 $YLDS가 이자 지급 및 GENIUS Act 스테이블코인과의 유틸리티/자산 공유를 포함하는 등록된 증권임을 명시한다. 이 거래는 Figure의 최근 IPO를 따라 Democratized Prime 플랫폼을 보완하며, 그곳에서 $YLDS는 온체인 HELOC 풀이 포함된 풀의 담보로 사용된다. Figure는 Provenance Blockchain에서 블록체인 기반 대출이 $19 billion이라고 보고한다.
Figure Technology Solutions (Nasdaq : FIGR) a déclaré que Ondo Finance a investi $25 millions dans le stablecoin $YLDS de Figure pour soutenir le Fonds Ondo Short-Term US Treasuries (OUSG), diversifiant les sources de rendement de l'OUSG et complétant les fonds de gestion d'actifs existants.
Le communiqué indique que $YLDS est une valeur mobilière enregistrée qui paie des intérêts et partage des utilités/actifs avec les stablecoins GENIUS Act. L'accord fait suite à l'introduction en bourse récente de Figure et complète la plateforme Democratized Prime de Figure, où $YLDS sert de collatéral pour des pools incluant le HELOC Pool on-chain. Figure rapporte $19 milliards de prêts basés sur la blockchain sur Provenance Blockchain.
Figure Technology Solutions (Nasdaq: FIGR) teilte mit, dass Ondo Finance $25 Millionen in Figures Stablecoin $YLDS investiert hat, um den Ondo Short-Term US Treasuries Fund (OUSG) zu unterstützen, die Ertragsquellen von OUSG zu diversifizieren und bestehende Vermögensverwaltungsfonds zu ergänzen.
Die Mitteilung vermerkt, dass $YLDS ein registriertes Wertpapier ist, das Zinsen zahlt und Nutzen/Aktiva mit GENIUS Act Stablecoins teilt. Der Deal folgt dem jüngsten Börsengang von Figure und ergänzt die Democratized Prime-Plattform von Figure, wo $YLDS als Sicherheit für Pools dient, einschließlich des on-chain HELOC Pool. Figure meldet $19 Milliarden an blockchain-basierten Krediten auf Provenance Blockchain.
Figure Technology Solutions (ناسداك: FIGR) قالت إن Ondo Finance استثمرت $25 مليون في العملة المستقرة $YLDS الخاصة بشركة Figure لدعم صندوق Ondo Short-Term US Treasuries (OUSG)، مما ي diversifies مصادر العائد لـ OUSG ويكمل صناديق مدير الأصول القائمة.
تشير النشرة إلى أن $YLDS هو ورقة مالية مسجلة تدفع فائدة وتقاسم المنفعة/الأصول مع العملات المستقرة GENIUS Act. الصفقة تتبع الطرح العام الأخير لـ Figure وتكمل منصة Figure Democratized Prime، حيث يُستخدم $YLDS كضمان لأحواض تشمل HELOC Pool على السلسلة. تزعم Figure أن لديها $19 مليار من القروض المعتمدة على البلوكتشين على Provenance Blockchain.
- $25M strategic investment into $YLDS by Ondo
- $YLDS added to OUSG, diversifying yield sources
- $19B in blockchain-based lending on Provenance Blockchain
- $YLDS functions as registered security that pays interest
- No quantified guidance on near-term revenue or EPS impact
Insights
Ondo's
Figure receives direct capital and a distribution channel into Ondo's flagship fund, strengthening the on-chain utility of $YLDS as collateral for Democratized Prime and supporting OUSG's yield mix.
Key dependencies include continued regulatory clarity for registered-security stablecoins and execution of integration between Figure and Ondo infrastructures; failure in either could limit adoption or capital flow.
Watch integration milestones and fund-level allocation to $YLDS, plus any public filings referencing the
NEW YORK, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Figure Technology Solutions (Nasdaq: FIGR), the technology platform powering an efficient, liquid, blockchain-based marketplace for financial products, today announced that Ondo Finance has made a
$YLDS is unique in that it has the same utility and is backed by the same assets as GENIUS Act stablecoins, but it also is a registered security and pays interest to holders. Ondo's investment is a natural connection for Figure's $YLDS product, given both the Figure and Ondo ecosystems have strong presence in tokenized Real-World Assets (RWAs). The strategic purchase will help fuel Figure’s expansion, particularly around its flagship DeFi platform, Democratized Prime, where $YLDS is the collateral asset used to interact with pools backed by RWAs such as the HELOC Pool, comprised of Figure’s signature on-chain HELOC loans.
“This partnership bolsters the dominance of the $YLDS stablecoin in tokenized real-world assets,” said Michael Tannenbaum, CEO of Figure Technology Solutions and an Ondo angel investor. “Ondo shares our belief that blockchain can transform how money moves, making it faster, more transparent, and more inclusive. As both a partner and investor, I see firsthand the authenticity and alignment driving this collaboration. Building on the momentum of our IPO, the exciting Ondo investment is another step towards delivering on that vision.”
“Our investment in $YLDS strengthens OUSG’s position as the leading on-chain vehicle for institutional clients,” said Ian De Bode, President of Ondo Finance. “Figure has built robust infrastructure for tokenized lending, and integrating $YLDS into OUSG’s yield strategy further diversifies and institutionalizes the ecosystem supporting our products,” said Ian De Bode, President of Ondo Finance. “We’re excited to deepen our partnership as we work together to expand our products and serve institutions on-chain.”
The collaboration builds on Figure’s
About Figure Technology Solutions, Inc.
Figure Technology Solutions, Inc. (Nasdaq: FIGR) is a Provenance Blockchain-native capital marketplace that seamlessly connects origination, funding, and secondary market activity. More than 200 partners use its loan origination system and capital marketplace. Collectively, Figure and its partners have originated over
Figure is the market leader in real-world asset (RWA) tokenization and its most recent securitization received a AAA rating from S&P, the first of its kind for blockchain finance. For more information, visit https://figure.com or follow Figure on LinkedIn.
Democratized Prime uses a Dutch auction method for its borrowers/lenders. There is an inherent risk due to interest rate volatility in a Dutch auction interest rates in the auction may rise rapidly. At the time of acceptance, your loan may be filled with a different or higher interest rate than offered at the time of selection. The interest rate is only fixed at the time of loan approval and not at the time of loan acceptance.
Figure Certificate Company:
Investment products: Not FDIC Insured, No Bank Guarantee, May Lose Value.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy the foregoing securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would not be permitted.
$YLDS Stablecoins are unsecured face-amount certificates and solely backed by the assets of Figure Certificate Company (FCC), which is the issuer of the certificates. The registration of $YLDS and FCC with the SEC does not imply approval of either by the SEC. More information about FCC and $YLDS can be found on FCC’s website, available Here.
You should consider the investment objectives, risks, charges and expenses of certificates carefully before investing. Download a free prospectus, which contains this and other important information about our certificates. Read the prospectus carefully before you invest. Figure Certificate Company Prospectus available Here.
Figure Certificate Company is a wholly owned subsidiary of Figure Technology Solutions, Inc.
About Ondo Finance
Finance Ondo is a blockchain technology company. Its mission is to accelerate the transition to an open economy by building the platforms, assets, and infrastructure that bring financial markets onchain. For more information, visit https://ondo.finance.
NOTE: OUSG tokens have not been registered under the US Securities Act of 1933, as amended ("Act") or the securities or financial instrument laws of any other jurisdiction, and are available solely to accredited investors (as defined in Rule 501 of Regulation D under the Act) and qualified purchasers (as defined in Section 2(a)(51) of the US Investment Company Act of 1940, as amended). The issuer of OUSG (the “Fund”) is not registered as an investment company under the US Investment Company Act of 1940, as amended, or as an Alternative Investment Fund or Undertaking for Collective Investment in Transferable Securities in the European Economic Area, or under the securities or financial instrument laws of any other jurisdiction. The OUSG-related communications herein are not directed or intended for any investor to which OUSG is not offered.
Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, OUSG. Nothing herein constitutes investing advice. Acquiring OUSG involves risks. A OUSG holder may incur losses, including total loss of their investment. Past performance is not an indication of future results.
Ondo Capital Management LLC, the investment adviser of the Fund (“the Adviser”) is a Registered Investment Adviser registered with the U.S. Securities and Exchange Commission (“SEC”). The Adviser’s current written disclosure statement (Form ADV Part 2A) discussing its advisory services and fees is available upon request or at the SEC’s Investment Adviser Public Disclosure website (www.adviserinfo.sec.gov). Registration as an investment adviser does not imply a certain level of skill or training. The Adviser shall not be responsible for any errors or omissions, or for the results obtained from the use of the information provided by the Adviser, the Fund or any of their respective affiliates, control persons, agents or representatives.
The Token issuers, their affiliates, their respective shareholders and members, and their respective directors, officers, employees, consultants, agents and representatives (the “Ondo Persons”) do not endorse, the Ondo Persons do not make any representation or warranty whatsoever (express or implied, including but not limited to any warranty of merchantability, fitness for a particular purpose, or non-infringement) regarding, and THE ONDO PERSONS SHALL NOT HAVE ANY LIABILITY WHATSOEVER WITH RESPECT TO ANYONE'S USE OF, any third-party products, services or technologies referenced herein.
Additional terms and restrictions apply. See docs.ondo.finance/legal/terms-of-service,, ondo.finance/ousg, https://docs.ondo.finance/qualified-access-products/ousg, app.ondo.finance and (as applicable) the Token offering documents for details.
Media Contact:
press@figure.com
FAQ
What did Figure (FIGR) announce on November 24, 2025 regarding $YLDS?
How does Ondo’s $25 million purchase affect OUSG’s yield strategy?
Is $YLDS a security and does it pay interest for FIGR investors?
What role does $YLDS play on Figure’s Democratized Prime platform?
How large is Figure’s on-chain lending footprint referenced in the announcement?
