This Altcoin Announces It Will Deposit Assets Into BlackRock’s Cryptocurrency Fund – The Price Soars

Ondo (ONDO) announced that it will distribute a significant portion of its OUSG (Ondo Short-Term US Government Bonds) assets to the BlackRock USD Institutional Digital Liquidity Fund (BUIDL).

Following the development, there was a sudden increase in the price of the altcoin:

#ONDO, OUSG (Ondo Kısa Vadeli ABD Devlet Tahvilleri) varlıklarının önemli bir kısmını BlackRock USD Kurumsal Dijital Likidite Fonu'na (BUIDL) dağıtacağını açıkladı.

— Bitcoin Sistemi (@bitcoinsistemi) March 27, 2024

*This is not investment advice.