Ondo Finance’s OUSG to Serve as Planned Anchor Investor, Unlocking Greater 24/7 Liquidity Access while Diversifying Reserves

Ondo Finance, State Street Investment Management, and Galaxy Asset Management, an affiliate of Galaxy Digital Inc. announced plans to launch SWEEP—the State Street Galaxy Onchain Liquidity Sweep Fund—a tokenized liquidity fund designed to bring traditional cash management onchain.

As part of the launch, Ondo Finance’s OUSG fund intends to serve as the lead anchor investor. This planned allocation would further diversify OUSG’s reserves and expand the depth of its 24/7 stablecoin liquidity for investors. SWEEP is targeting a debut on Solana in early 2026.

How SWEEP Would Strengthen OUSG

OUSG was introduced in 2023 as one of the first onchain offerings providing investors with seamless, tokenized exposure to U.S. Treasuries and rapid convertibility into stablecoins. Since then, Ondo has:

• Introduced instant, 24/7 subscriptions and redemptions
• Expanded reserve diversification into products from leading asset managers, including BlackRock’s BUIDL, Fidelity’s FDIT, and others
• Delivered multi-chain availability and institutional-grade transparency

SWEEP represents an additional, high-quality reserve option that aligns with OUSG’s objectives. The planned anchor allocation would reinforce OUSG’s foundation and further our mission to accelerate the adoption of tokenized cash equivalents across global markets.

OUSG’s Growing EcosystemOndo Finance continues to lead the way in real-world asset tokenization. OUSG has grown into a flagship product with more than $770m in total value locked, delivering:

• Instant, 24/7 subscriptions and redemptions
• Daily interest accruals
• Low fees
• Multi-chain support across Ethereum, Solana, Ripple, and Polygon

With a planned investment in SWEEP, OUSG’s portfolio would span tokenized funds from the world’s most trusted asset managers, including:

• State Street’s SWEEP
• BlackRock’s BUIDL
• Fidelity’s FDIT
• Franklin Templeton’s BENJI
• WisdomTree’s WTGXX
• Wellington Management and FundBridge Capital’s ULTRA

This diversified foundation demonstrates how traditional and onchain markets are converging, and how Ondo is helping enable that interoperability.

“Tokenization is rapidly becoming the connective tissue between traditional finance and the onchain economy, and SWEEP represents a major leap forward in that evolution. Our planned investment would not only anchor this innovative fund but also supports the continued growth of OUSG, our flagship tokenized fund. This collaboration with State Street and Galaxy shows how leaders in TradFi, DeFi and tokenization can come together to accelerate the transition to a more open, onchain financial system.” – Ian De Bode, President of Ondo Finance.

“Innovation and partnership are at the heart of our ethos at State Street Investment Management and to that end we’re thrilled to deepen our relationship with Galaxy by bringing this groundbreaking product to market together. By partnering with Galaxy, we will push the envelope together and drive the evolution of the TradFi landscape onchain. We’re beginning to see what’s possible when TradFi and DeFi sector players unite – and it’s increasingly clear that joint efforts like this stand to have a far-reaching impact on the future of asset management and capital markets.” – Kim Hochfeld, Global Head of Cash and Digital Assets for State Street Investment Management.

We look forward to continuing our collaboration with State Street, Galaxy, and the growing community of institutions building the next generation of global financial infrastructure.

Source: Ondo Finance

The drumbeat of institutions coming onchain continues. 🥁

I'm excited to work with @StateStreet and @galaxyhq to add another tokenized fund to the mix in backing OUSG.

There is an increasing abundance of tokenized US Treasury funds offering 24/7 stablecoin liquidity. However,… https://t.co/eqoPWScxQ1

— Nathan Allman 🌊 (@nathanlallman) December 11, 2025

Nathan Allman, chief executive of Ondo Finance, said on X:

“There is an increasing abundance of tokenized US Treasury funds offering 24/7 stablecoin liquidity. However, each has natural limits on available liquidity. OUSG spreads its portfolio across these funds, aggregating stablecoin liquidity for the benefit of OUSG investors. In select partnerships, we also offer this liquidity back to third-party holders of the underlying tokenized funds through Ondo Nexus.

It’s a win-win situation.”