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Ondo Finance is transferring a significant portion of its assets, around $95 million, to BlackRock's tokenized BUIDL fund to support its OUSG token. The move aims to enhance redemption time and efficiency. Ondo Finance has also implemented instant subscriptions and redemptions for its $88 million OUSG fund, enabling continuous access to the fund.
Arculus welcomes @OndoFinance tokens $OUSG and $USDY to our ecosystem! 🎉 #arculus #crypto #OUSG #USDY #ondofinance https://t.co/ePqHlxJQfz
Ondo @OndoFinance continues to grow - now they are transitioning their $OUSG token backing to @BlackRock $BUIDL Fund 👀 https://t.co/zPtyP9FtAH
#RWA platform @OndoFinance plans to move $95 million of assets to BlackRock's tokenized fund to back its $OUSG token, aiming to boost redemption time, CEO @nathanlallman told CoinDesk. https://t.co/tkkQ6RZzHb
