Dexing Bouncer
@dexingbouncer
Like most people around the globe, I was just checking out Blackrock's transactions from their BUIDL Fund. I saw a news article earlier last year about them investing in Ondo Finance. I don't really understand the transaction. It looks like they are just sending USDC to Ondo in regular intervals. These are just spends maybe to provide liquidity. But what are they getting in return? At least a token allocation from Ondo? How else will they profit? I get the whole conversion from USDC to OUSG to get into DeFi. But I don't see any ONDO tokens in their portfolio. Are tokens from partner projects in undisclosed wallets? Not sure if Arkham Intelligence follows those wallets as well.
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