Patrick McHenry, former chair of the House Financial Services Committee, has joined three crypto-focused companies since his pivot from policymaking.
The ex-Republican congressman was hired as vice chair of Ondo Finance’s advisory board as the protocol aims to move more real-world assets onto blockchain networks.
Ondo Finance is an on-chain protocol that uses cryptographic technology to enable trading for real-world assets like U.S. Treasuries on decentralized venues such as Ethereum. According to DefiLlama, Ondo has nearly $1 billion in tokenized asset deposits
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