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
Real-world asset protocol @OndoFinance is deploying the majority of $OUSG assets in Blackrock's tokenized BUIDL fund. The project has also launched instant subscriptions and redemptions for the $88M OUSG fund. Read more: https://t.co/xRtqB8koUC https://t.co/AE9uq8akO5
.@OndoFinance has introduced instant, 24/7/365 subscriptions and redemptions; shifting OUSG funds into @BlackRock’s BUIDL. https://t.co/zk629AYNiz https://t.co/fGfLmykoAQ