[Grvt Partners with Ondo Finance to Allocate $100 Million in USDY] According to Deep Tide TechFlow on August 11, as reported by The Block, Grvt announced a partnership with tokenization company Ondo Finance, planning to establish a $100 million USDY position over the next year. USDY is a tokenized yield product primarily anchored to assets such as short-term U.S. Treasury bonds. Grvt will integrate USDY into Grvt Earn, with the platform holding and managing the related assets on its balance sheet, and incorporating approximately 3.5% yield into users' existing base returns without requiring users to directly hold the token. This move reflects the continued institutional push into on-chain fixed income and the tokenization of real-world assets.