Ondo Finance, a DeFi firm offering decentralized investment opportunities, has launched tokenized versions of U.S. treasuries and bonds. 

These tokenized products let stablecoin holders invest in bonds and treasuries, Ondo Finance noted in a company blog post. The three offerings upon launch include the U.S. Government Bond Fund, Short-Term Investment Grade Bond Fund and High Yield Corporate Bond Fund. 

"We envision these security tokens and protocols that support them as creating a compliant on-chain financial ecosystem supporting both permissioned and permissionless assets, ultimately improving the accessibility, transparency and efficiency of our markets," Ondo Finance founder and CEO Nathan Allman said.