ONDO broke through $0.73, with a 24-hour increase of 8.91%

Bitget market data, ONDO breaks through $0.73, with a 24-hour increase of 8.91%.

The latest market information shows that Ondo Finance has posted on platform X stating that it has partnered with BlackRock and Securitize to submit a proposal to introduce the Ondo short-term US Treasury bond OUSG to Sky's (formerly MakerDAO) Spark tokenization competition.

OUSG is an on-chain financial product that offers returns consistent with short-term U.S. Treasury bonds, with assets under management of approximately $229 million. Ondo hopes that OUSG can become an effective support for Sky's stablecoin USDS, enhancing the yield and liquidity of the Sky ecosystem.