BlackRock’s BUIDL Fund moved $3.35 million in USDC to multiple addresses.
Ondo Finance received a notable 1.102M USDC transfer.
Injective launched a tokenized index for the BUIDL Fund, offering on-chain access to U.S. Treasuries with leverage.
BlackRock’s BUIDL Fund continued its growing involvement in the cryptocurrency space, most recently transferring $3.35 million USDC to multiple addresses, including Ondo Finance, as reported by Arkham data. This move builds on BlackRock’s growing activity in decentralized finance (DeFi), notably its push into real-world asset (RWA) tokenization earlier this year.
The BUIDL Fund’s recent transactions include a $1.102 million USDC transfer to Ondo Finance, a platform specializing in tokenized financial services. Soon after, another $2.25 million USDC went to a newly identified address.
These transfers are the latest in a series of significant fund movements over the past few weeks, indicating BlackRock’s increasing commitment to DeFi.
Strategic Positioning and Tokenized Finance
While the exact purpose of these transfers is not yet public, they point to BlackRock’s strategic positioning within the dec…
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