OUSG Market Update: Tokenized Treasury Fund Reaches $700M+ Valuation
OUSG is trading at $114.20 with a market capitalization of $677.34M as of February 6, 2026, maintaining its position as a leading tokenized treasury instrument in the decentralized finance ecosystem.
Fund Performance and Market Position
OUSG ranks 83 by market cap among all cryptocurrencies. ONDO-backed OUSG was reported at approximately $827M in assets under management, reflecting significant institutional adoption of the tokenized treasury product.
Strategic Partnerships and Ecosystem Expansion
Ondo Finance has teamed up with State Street Investment Management and Galaxy Asset Management to roll out SWEEP, a private tokenized liquidity fund designed to bring traditional cash management onchain. OUSG, Ondo's flagship tokenized fund, will act as the lead anchor investor in SWEEP, helping diversify reserves while providing OUSG holders with round-the-clock liquidity.
OUSG will seed SWEEP with about $200 million, linking Ondo token holders to a broader pool of liquidity. SWEEP will debut on Solana in early 2026, with future support for Stellar and Ethereum blockchains.
Product Infrastructure
OUSG provides liquid exposure primarily to short-term US Treasuries, as well as government-sponsored enterprise (GSE) securities, with 24/7 tokenized subscriptions and redemptions. The OUSG portfolio is invested in funds issued by leading asset managers such as BlackRock, Franklin Templeton, WisdomTree, FundBridge Capital, Fidelity, and others, along with bank deposits and USDC for liquidity purposes.
Institutional Adoption
Solstice Finance selected Ondo's OUSG as collateral for its USX stablecoin, demonstrating growing integration of the tokenized treasury product across the DeFi ecosystem.