- Ondo finance has established its territory with the opening of its first office in the region.
- Ashwin Khosa would be leading this strategic initiative.
One of the most prominent United States-based issuers of tokenized securities, Ondo Finance which is backed by Coinbase is now aggressively expanding into the Asia Pacific area to take advantage of the region’s increasing interest in digital assets.
In a recent press release, the firm—which asserts a substantial global market share for tokenized securities—unveiled its plans, which included the establishment of its initial presence in the region and its hiring of Ashwin Khosa as VP of Business Development for Asia Pacific (APAC).
Strategic Expansion
In the Asia Pacific area, pioneering on-chain financing firm Ondo finance has established its territory with the opening of its first office. A flourishing crypto community and evolving legislative frameworks in the region are fueling an increasing interest in digital assets, which coincides perfectly with the company’s successful entry into this dynamic space.
On the other hand, Ashwin Khosa, VP of business development for Asia Pacific at Coinbase-backed Ondo Finance, would be leading this strategic initiative.
Khosa provides extensive expertise in on-chain finance and the intricacies of the Asia Pacific market from his ten years of experience in institutional business development in Hong Kong with prestigious institutions including Citi, Tether, and Bitfinex.
One noteworthy product offered by the already-dominant tokenized securities provider Ondo Finance is USDY, a yield-bearing alternative to traditional stablecoins; another is OUSG, which provides exposure to U.S Treasuries; and OMMF, which provides exposure to U.S money market funds. These solutions provide international investors a way to tokenize important asset classes based in the United States.
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