Tokenization of real world assets is all the rage in crypto for 2024 and Ian Andrews (CMO, Chainalysis) sits down with Chris Tyrrell, Chief Risk and Compliance Officer of Ondo Finance, to share their role as a frontrunner in tokenizing US treasuries. Chris shares regulatory compliance challenges, Ondo's global operations and partnerships with major players like BlackRock and how throughout his career he has bridged the inferentrial gaps in conversations when speaking with traditional institutions and regulators. Chris discusses the significant shift in 2017 that brought institutional attention to cryptocurrencies and explains Ondo's approach to the compliant tokenization of US treasuries and the planned expansion into more asset classes. He emphasizes the benefits of tokenization such as composability, rapid settlement and an innovative approach to yield distribution, contrasting it with traditional stablecoins and underscored the importance of robust risk management tools, highlighting the integration of Chainalysis for Know Your Ecosystem risk monitoring. Minute-by-minute episode breakdown 2 | Chris’ journey from crowdfunding, TradFi and changing his mind about crypto in 2017 7 | The benefit of having tokenized US Treasury Bills on the blockchain 10 | Ondo Finance’s global operations and regulatory approach 13 | Managing ecosystem risk and compliance in DeFi assets 16 | Ondo Finance’s strategy for global tokenization of real world assets (RWAs) 22 | Tokenization and institutional partnership with BlackRock 27 | Bridging inferential gaps in Tradfi and blockchain conversations 30 | How Ondo Finance uses Chainalysis tools to balance compliance and tokenization Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Ondo Finance: Institutional-Grade Finance, Now OnchainWebsite: Flux: Lend and borrow stablecoins against tokenized US TreasuriesBlog: Introducing "Know Your Ecosystem" (KYE): The Next Frontier in AML for Token IssuersBlog:: Introducing Ondo Global Markets - A New Paradigm for Securities TokenizationBlog: Bridging the Gap: Institutional Insights on Tokenization with Ondo FinanceBlog: North America: Institutional Momentum and U.S. Bitcoin ETPs Propel Crypto Further Into the MainstreamWebinar: On-Demand Series: Crypto Adoption Webinar Series: What Drove the Crypto Bull Run in 2024?Reports: The 2024 Geography of Crypto Report (Download now!)YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchain Speakers on today’s episode Ian Andrews *Host* (Chief Marketing Officer, Chainalysis) Chris Tyrrell (Chief Risk and Compliance Officer, Ondo Finance) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material. Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.
