Source: Coindesk.com
Ondo Finance is shifting backing assets of its OUSG token to BlackRock's BUIDL tokenized fund from a less desirable short-term Treasury bond ETF. OUSG "will become significantly more usable" with instant, around-the-clock subscriptions and redemptions, Ondo Finance CEO said.
Tokenized real-world asset (RWA) platform Ondo Finance is moving $95 million of
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The post "Ondo Finance to Move $95M to BlackRock's Tokenized Fund for Instant Settlements for Its T-Bill Token" appeared first here Coindesk.com.
Source: Coindesk.com
