Paul Veradittakit, Partner at Pantera Capital, noted, “Fixed income remains the missing piece that decentralized finance needs to go mainstream. Ondo unlocks downside protection and relative certainty in forecasting returns for institutional investors looking to allocate to the attractive yields in the DeFi space. We are excited to back the Ondo team in their mission to bridge the worlds of DeFi and institutional finance.”

https://www.globenewswire.com/news-release/2021/08/17/2282168/0/en/Goldman-Sachs-Crypto-Alums-Raise-4M-for-DeFi-Protocol-Ondo-Finance.html