According to Arkham monitoring data, BlackRock's BUIDL Fund marked address transferred 1,736,854 USDC to Ondo Finance's address, of which 833,984 USDC was transferred to Ondo Finance about three hours ago, and 902,870 USDC was transferred two hours ago.
Earlier news, Ondo Finance has announced that it has submitted a proposal to introduce Ondo short-term US Treasury bonds OUSG to Sky's (formerly MakerDAO) 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.
Historical data monitored by Arkham shows that BlackRock's BUIDL Fund marked address began to transfer USDC to Ondo Finance's address about two weeks ago, and has transferred about 6.5 million USDC so far.