BlackRock BUIDL Fund Transfers USDC to Ondo Finance

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BlackRock BUIDL Fund's recent USDC transfer to Ondo Finance suggests continued institutional interest in DeFi, potentially driving future growth in the sector.

According to Foresight News, Arkham monitoring data reveals that the BlackRock BUIDL Fund marked address has transferred a total of 964,315 USDC to Ondo Finance through three transactions starting last night. The most recent transaction occurred five hours ago.
Transaction data indicates that the related address received 10 million USDC from a Circle hot wallet address two days ago. Over the past two days, approximately 1.56 million USDC has flowed out. Currently, the BlackRock BUIDL Fund marked address holds a total of around 88.472 million USDC.

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