Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»Ondo Finance added $95 million to BlackRock’s BUIDL, bringing total AUM to $240 million.
ETHEREUM NEWS

Ondo Finance added $95 million to BlackRock’s BUIDL, bringing total AUM to $240 million.

By Crypto FlexsMarch 28, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ondo Finance added  million to BlackRock’s BUIDL, bringing total AUM to 0 million.
Share
Facebook Twitter LinkedIn Pinterest Email

Tokenized real asset company Ondo Finance announced plans to add $95 million of its own assets to BlackRock’s tokenized fund.

In a March 27 blog post, the company said it would transfer a “significant portion” of the assets behind its OUSG tokens to the BlackRock USD Institutional Digital Liquidity Fund (BUIDL).

According to the official overview of the assets, this amount represents the total total value locked (TVL) of OUSG. The same page suggests that some of the funds may also be held in BlackRock’s FedFund (TFDXX), USDC stablecoin, and other investments.

OUSG tokens provide liquid exposure to short-term US Treasury bonds. The company said the latest development “validates the original concept of a tokenized U.S. Treasury fund” and demonstrates that the tokenization of traditional securities is a significant step forward in financial markets.

Reliance on BUILD is part of Ondo’s broader strategy to provide instant, 24/7 payments and repayments.

BUIDL raised $240 million.

The latest news comes with a Bloomberg report that BlackRock’s BUIDL raised $240 million in its first week of operations.

Real-time data from Arkham Intel shows that BUIDL’s Ethereum address has a balance of over $100 million, consisting primarily of USDC seeded funds. Some balances — or more $141,000 — It appears to have come from cryptocurrency donations from the community rather than assets associated with the fund.

BlackRock launched the BUIDL fund on the Ethereum blockchain on March 19, as specified in a regulatory filing. Following a public announcement on March 20, the fund tokenizes its assets in the form of BUIDL tokens, which will allow eligible investors to earn US dollar returns through a subscription to Securitize Markets.

The fund invests 100% of its assets in cash, U.S. Treasury securities, and repurchase agreements. BlackRock called the fund “the first tokenized fund issued on a public blockchain.”

The post Ondo Finance Adds $95 Million to BlackRock’s BUIDL, Bringing Total AUM to $240 Million appeared first on CryptoSlate.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Kindly, MD’s $ 5B Bitcoin Play comes as DATS raises fear of wider Altcoin fluidity.

August 27, 2025

Bitcoin News Today: Ether (ETH) is 5K $ 5K and BTC Eyes is recorded as Powell Sparks Rally. DAT transaction risk: Be careful with asset managers

August 23, 2025

$ 500m liquidation Rock Ethereum and Bitcoin: Do the collisions fuel to the whale accumulation?

August 19, 2025
Add A Comment

Comments are closed.

Recent Posts

Bitcoin is under pressure with gold aiming to be the highest ever.

August 29, 2025

The US government posts GDP data on Bitcoin block chain.

August 28, 2025

Pudgy Penguins

August 28, 2025

The US government checks the economic data on the chain with 60% Pyth Rocket 60% Pyth Network.

August 28, 2025

GCL Subsidiary, 2Game Digital, Partners With KuCoin Pay To Accept Secure Crypto Payments In Real Time

August 28, 2025

Tether Announces Plan To Bring USD₮ To RGB, Advancing Native Stablecoins On Bitcoin And Lightning

August 28, 2025

Ether Leeum Game Football. Fun market caps increase 10 times within two weeks.

August 28, 2025

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025

7 Legit Cloud Mining Platforms For Daily Bitcoin Income In 2025

August 27, 2025

The Market May Be Heading For A Correction, And BTC Miner Guaranteed Principal And Interest Contracts Will Drive The Cloud Mining Boom.

August 27, 2025

$MBG Token Supply Reduced By 4.86M In First Buyback And Burn By MultiBank Group

August 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bitcoin is under pressure with gold aiming to be the highest ever.

August 29, 2025

The US government posts GDP data on Bitcoin block chain.

August 28, 2025

Pudgy Penguins

August 28, 2025
Most Popular

locktime – Does the stack have access to the current block height when validating a transaction?

December 26, 2023

The reason why polkadot should violate this level to reach $ 7 is as follows.

February 13, 2025

PBOC and HKMA improves swap connections to improve the mainland financial market access.

May 18, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.