Ondo Finance is an open, decentralized investment bank. The company focuses on bringing together and supporting different participants across the emerging DeFi landscape - including DAOs, institutional players, and retail users.

Here are some important aspects of Ondo:

Leading in DEX liquidity enablement: Ondo is an early mover in the liquidity-as-a-service category, working through live partnerships with 10+ DAOs and backed by commitments from four stablecoin issuers (FEI, FRAX, UST, and RAI) for $100m+ in fresh liquidity and associated incentives. By pairing DAOs (capital demand) with underwriters (capital supply) to supply liquidity for a DAO’s native token, users can trade those tokens on decentralized exchanges.

Fast, natural expansion: Ondo has not launched any liquidity mining campaigns or other token incentive efforts to drive liquidity on the protocol, which has helped it become one of the biggest Ethereum protocols by TVL without incentives.

Connecting DeFi with traditional finance: Ondo helps make DeFi more approachable and useful to mainstream finance by aggregating standard DeFi protocols and re-packaging their exposures using traditional finance methods to align with specific risk and return characteristics.