Blackrock Transfers 250,000 USDC To Ondo Finance

According to Odaily, Arkham monitoring revealed that approximately three hours ago, Blackrock's BUIDL Fund transferred 250,000 USDC to Ondo Finance. Ondo Finance had previously announced a proposal in collaboration with Blackrock and Securitize to introduce Ondo's short-term U.S. Treasury OUSG to Sky's (formerly MakerDAO) Spark tokenization competition. The OUSG aims to provide returns consistent with short-term U.S. Treasuries, with an asset management scale of approximately $229 million.