Assets · Fund interest · issued by Ondo Finance
Ondo Short-Term US Government Bond Fund (OUSG)Updated 28 Oct 2026
Ondo's tokenised fund for qualified purchasers giving exposure to short-term US Treasuries, held mainly through BlackRock's BUIDL. Accumulating, so the token price rises over time.
Issued through Ondo Short-Term US Government Bond Fund (OUSG) Live (scaled)
Classification · medium confidence
- Legal form
- Fund interest from issuance terms
- Underlying
- Government debt · Government debt 47%, Government debt 32%, Government debt 12%, Government debt 7%, Government debt 1%, Money 0% (27 Oct 2026)
- Value behaviour
- NAV · pays income
- Ledger role
- Native
Holds tokenised Treasury and money market funds; each looks through to government debt (SWEEP by the cash residual exception, USDC by its reserve). Raised from low to medium on 2026-10-27: the issuer's SEC Form D states the vehicle type (editor decision 2026-10-21-classification-1).
Sourced[1]. How assets are classified: methodology.
Contracts
Addresses as published by the issuer. Check them on the explorer before relying on them. Supply per network comes from the issuing deployment's on-chain figures.
| Network | Address | Standard | Supply here | Source |
|---|---|---|---|---|
| Ethereum | 0x1B19C1…Bbee92 ↗ | ERC-20 | — | [3] |
| Polygon | 0xbA11C5…925811 ↗ | ERC-20 | — | [3] |
| Solana | i7u4r16T…MwzxNc ↗ | SPL | — | [3] |
| XRP Ledger | rHuiXXjH…wv6h5p ↗ | XRPL issued currency | — | [3] |
Sources
- [1]Form D notice of exempt offering of securities — Ondo I LP (SEC EDGAR), 20 Jan 2026. Accessed 27 Oct 2026. Delaware limited partnership filing as a pooled investment fund relying on Investment Company Act section 3(c)(7); Rule 506(c); first sale 6 Feb 2023..A
- [2]Ondo Finance Brings 24/7 Access to Tokenized U.S. Treasuries on the XRP Ledger — Ripple, 28 Jan 2025. Accessed 11 Oct 2026.B
- [3]Addresses — Ondo Finance. Accessed 12 Oct 2026.B
- [4]https://web.archive.org/web/20260209213637/https://etherscan.io/token/0x1B19C19393e2d034D8Ff31ff34c81252FcBbee92 — Etherscan. Accessed 13 Oct 2026. Archived copy (9 Feb 2026) of the explorer page Ondo links from its addresses page; Etherscan labels the token ERC-20 and shows the proxy source as verified..A
- [5]OUSG | Ondo Finance — Ondo Finance. Accessed 21 Oct 2026. Holdings as of 20 Oct 2026 (underlying assets $320.16m): SWEEP 47.36%, BUIDL 31.87%, BENJI 12.15%, Fidelity Treasury Digital Fund FYOXX 7.36%, USDC 1.21%, bank deposits and other 0.05%..B