Ondo Finance offers tokenized treasury products: OUSG (Short-Term US Government Treasuries, backed by BlackRock BUIDL) and USDY (a yield-bearing tokenized note backed by US Treasuries and bank deposits). Ankura Trust serves as trustee. Products are deployed across Ethereum, Solana, Mantle, Sui, and Aptos with strong DeFi integration.
Visit Ondo FinanceIt depends on what you need it to survive. Ondo Finance runs blackrock buidl-backed (ousg) + ankura trust custody, which has a single point of failure: one institution's failure can reach your bitcoin. Proof of Custody scores it 76/100 as of 2026-03-02. The score is an editorial judgement; the facts to check are the custody model, the single point of failure and the incident history below.
| Custody model | BlackRock BUIDL-Backed (OUSG) + Ankura Trust Proof of Custody classification from the provider's own documents |
|---|---|
| Single point of failure | Yes: one institution, device or person can move or lose the holding Record as of 2026-03-02 |
| Who holds the keys | Not published in enough detail to state |
| Independence standard | 0 of 4 pillars met |
| Insurance | Not disclosed by the provider |
| Regulatory standing | SEC Reg D exempt offering Jurisdiction: United States |
| Qualified custodian | No |
| Incidents in the registry | None recorded. Absence from the registry is not evidence of safety. |
| Fees | 0.15% management fee (OUSG) Provider pricing page; verify before relying on it |
| Minimum | $5K (USDY) / $100K (OUSG) |
| Proof of Custody score | 76/100 Editorial judgement on the published methodology, as of 2026-03-02 |
Facts come from the provider's own documents and public filings, with the date they were last checked. The score is Proof of Custody's judgement. Dispute a row through the corrections process.
OUSG backed by BlackRock BUIDL. USDY is a yield-bearing stablecoin alternative. Multi-chain deployment (Ethereum, Solana, Mantle, Sui, Aptos). Strong DeFi composability. Combined $1B+ TVL.
Single platform risk. Newer entity (founded 2022). USDY structural complexity as a tokenized note. Ankura Trust as trustee adds intermediary layer.
1 independent party or system must fail before a Ondo Finance holder's bitcoin is at risk.
Ondo Finance's custody insurance is not publicly disclosed.
Ondo Finance uses a blackrock buidl-backed (ousg) + ankura trust model and scores 76/100 in our independent review, including 80/100 on custody security. One institution can move funds, which is a single point of failure. Safety depends on your priorities; see the full score breakdown above.
Ondo Finance's custody insurance is not publicly disclosed in a form we can verify. Where it exists, custody insurance covers specific named events up to shared limits and does not cover price loss. Confirm coverage in writing before relying on it.
Because Ondo Finance holds custody through a single institution, recovery in a failure would run through that institution's bankruptcy or resolution process and depends on whether assets were segregated and properly titled. This is the concentration risk of single-custodian models.
Ondo Finance does not advertise a dedicated inheritance or beneficiary feature in the data we track. Confirm current options with the provider, since custody inheritance handling changes.