📣 Ondo Finance is delighted to announce that its affiliate, Ondo USDY LLC (“USDY”), has successfully registered as a Convertible Virtual Currency Administrator and Money Services Business with the Financial Crimes Enforcement Network (“FinCEN”) in the United States. 📣 📝 Registration as a Convertible Virtual Currency (“CVC”) Administrator is an important milestone in USDY’s regulatory strategy and demonstrates Ondo’s commitment to building a compliant and secure tokenization ecosystem along with regulators, users, and ecosystem partners. 💼 CVC Administrators have had to register as Money Services Businesses with FinCEN since the publication of FinCEN’s guidance on the “Application of FinCEN's Regulations to Persons Administering, Exchanging, or Using Virtual Currencies” over 10 years ago. 🗣 “We are proud to be a compliant CVC Administrator and Money Services Business under FinCEN’s jurisdiction,” said @nathanlallman, CEO of Ondo Finance. “We have made regulatory compliance a leading priority in the design and development of our products,” he added. 🤝 As a Money Services Business registered with FinCEN, USDY operates anti-money laundering (AML) and know your customer (KYC) programs that verify customer identities, maintain transaction records, and report suspicious transactions. Ondo selected @chainalysis, the leading blockchain analytics firm, as its compliance technology provider to monitor onchain data for purposes of its AML program. 🗣 “The US leads the world in the development of regulated markets, and FinCEN is a core institution at the center of that activity,” said Ondo’s Chief Risk and Compliance Officer Chris Tyrrell, adding, “In our own small way, we are joining FinCEN’s mission to combat money laundering and related crimes including terrorism, safeguarding the financial system from illicit use.”

1/ 🚨 @OndoFinance is solving the RWA liquidity problem 🚨 Introducing Ondo Global Markets, a platform to bring all publicly traded securities onchain with native access to traditional securities exchange liquidity (e.g. Nasdaq/NYSE/LSE). blog.ondo.finance/introducin…

We’re thrilled to announce that Chris Tyrrell has joined @OndoFinance as our new Chief Risk and Compliance Officer. news.bloomberglaw.com/crypto… Chris brings extensive experience, having previously led the compliance team at Goldman Sachs Digital Assets, where he worked closely with @nathanlallman and @JustinUS, as well as at @blockchain and EDX Markets (@markets_edx), where he was most recently Chief Compliance Officer. “I’m thrilled to be joining the Ondo team,” said Mr. Tyrrell. “Nathan, Justin and I share an important vision: bringing institutional risk management and compliance to tokenized real world assets. I look forward to working closely with the entire Ondo Ecosystem to safely and securely grow this next generation of high-quality assets.” With a unique blend of regulatory, investment, and entrepreneurial acumen, Chris brings a dynamic edge to our team. We're thrilled to have him onboard as we advance our mission to deliver truly institutional-grade financial products onchain. “We are very excited to have Chris joining our team,” said Nathan Allman, founder and CEO of Ondo. “Delivering Ondo’s institutional-grade tokenized products requires navigating complex and uncertain risk, compliance, and regulatory issues. When I was on the Digital Assets team at Goldman Sachs, I relied heavily on Chris for guidance in all of these areas. He uniquely combines deep practical knowledge of the space with a breadth of experience and a creative problem-solving approach.” Welcome, Chris!

We are THRILLED to announce @OndoFinance President and COO @JustinUS will be speaking at #ETHDenver2024 🌈 ⚒️

JUST IN: @OndoFinance launches a new token via tokenization of money market fund - a very interesting take for stablecoin alternatives - thoughts? via @crypto

Real world assets on-chain & changing the future of ownership: Tune in to the 199th episode of the Blockchain Insider Podcast! 🎧 @0xmauricio & @catgu_ delve into the world of tokenization alongside @JustinUS, President & COO at @OndoFinance & @VanessaGrellet_, Managing Partner at Aglaé Ventures.

1/ Our Short-Term US Government Bond Fund $OUSG surpassed $100 million in AUM just ten weeks after opening to investments! 🙌 We’d like to take this opportunity to celebrate while sharing detailed information on the fund structure, and how to subscribe 🧵👇

We’re excited to announce the hiring of Samar Sen as Head of Asia-Pacific and our plans to open an office in Singapore. Read more about Samar and Talos's APAC expansion plans here - bit.ly/talos-samar

🎧 Join us tomorrow, Thursday 4th January at 10:00am ET, alongside Solana ecosystem partners to discuss the launch of $USDY on Solana, as well as the exciting developments happening within the Solana ecosystem 🎧 🗣️ Hosted by @andyyy, and featuring a stellar lineup of speakers: 🎙️ @JustinUS, President @OndoFinance 🎙️ @gizmothegizzer, Growth Lead, Stablecoins & International Markets @SolanaFndn 🎙️ @Hermidao1, Co-founder @switchboardxyz 🎙️ @alexsmirnov, Co-founder @deBridgeFinance 🎙️ @Hellochow, Co-founder @MeteoraAG 🎙️ @trader_marky, DeFi Strategy & Growth @Kamino_Finance Set a reminder below 👇

Milken Conference is back (in person) in Beverly Hills this October. So are we. Request an invitation by going here: themedici.org Secure an invite by helping us put on a great show. Chatham House Rules apply as always...