“Ondo Finance is building a decentralized investment bank focused on connecting stakeholders in the emerging DeFi ecosystem, including decentralized autonomous organizations (DAOs), institutions, and retail investors. As its first offering, the company built a novel primitive for decentralized structured products that offer choice between downside protection and enhanced returns.”

https://www.pymnts.com/news/investment-tracker/2022/ondo-finance-takes-in-20m-in-series-a-to-develop-decentralize-investment-bank/