According to Arkham monitoring data, BlackRock BUIDL Fund transferred 2.762 million USDC to Ondo Finance and other addresses, including 1 million USDC to an unknown address 18 hours ago, 250,000 USDC to Ondo Finance 9 hours ago, and 1.512 million USDC to another unknown address 3 hours ago. Historical transaction data shows that Circle hot wallet injected 9 million USDC into BlackRock BUIDL Fund address five days ago.
Earlier news, Ondo Finance has announced that it has submitted a proposal to introduce Ondo short-term US Treasury bonds OUSG to Sky (formerly MakerDAO)'s Spark tokenization competition with Blackrock and Securitize. OUSG will provide returns consistent with short-term US Treasury bonds, with an asset management scale of approximately US$229 million.