On April 27, 2022, Ondo Finance Inc. closed the transaction. The round of funding was co-led by new investor Founders Fund, Inc., and returning investor Pantera Advisors LLC. The transaction included participation from Coinbase Ventures, Tiger Global Management, LLC, GoldenTree Asset Management LP, Wintermute Trading LTD, Steel Perlot, Flow Traders N.V., and An Ivy League endowment.

The company has raised a funding till date of $24,000,000. The company has raised $19,899,835 pursuant to exemption provided under Regulation D from 28 investors.