On September 15, BlockBeats reported that Arkham monitoring data revealed significant activity involving the BlackRock BUIDL fund. Over the past week, the fund’s address transferred more than 1.2 million USDC (USD Coin) to an address associated with Ondo Finance.
Ondo Finance is a decentralized finance (DeFi) platform that focuses on providing structured financial products, including liquidity management and yield-generating strategies. This substantial transfer highlights BlackRock’s continued engagement in the cryptocurrency and DeFi sectors, potentially signaling a strategic interest in Ondo Finance’s offerings or a broader involvement in DeFi ecosystems.
