Will Ondo Price Hit $1 After BlackRock Collaboration and $OUSG Proposal?
The post Will Ondo Price Hit $1 After BlackRock Collaboration and $OUSG Proposal? appeared on BitcoinEthereumNews.com.
Ondo (ONDO) price has recently climbed by 20% over the last week, fueled by a positive market trend. Despite the recent gains, the price has experienced notable fluctuations in the last few hours. This increase coincides with Ondo’s new partnership with BlackRock and the introduction of the $OUSG proposal. Ondo Price Eyes 33% Growth After Partnership Announcement Ondo Finance has teamed up with BlackRock and Securitize to submit the $OUSG proposal to Sky Ecosystem’s Spark Tokenization Grand Prix. This initiative aims to onboard $1 billion in tokenized financial assets. Carlos Domingo, Co-Founder and CEO of Securitize, emphasized the collaboration’s potential to merge web3 capabilities with traditional asset management, enhancing exposure to real-world assets. Ondo Finance is proud to collaborate with @BlackRock and @Securitize to have submitted the $OUSG proposal to @SkyEcosystem‘s (MakerDAO) Spark Tokenization Grand Prix, which aims to onboard $1B in tokenized financial assets. 🏁 🗣️ On the application, Carlos Domingo… https://t.co/XS0T8XrymW — Ondo Finance (@OndoFinance) September 24, 2024 Nathan Allman, Founder and CEO of Ondo Finance, expressed pride in presenting OUSG as a key solution for diversifying SparkDAO’s RWA tokens. He highlighted the commitment to fostering a long-term partnership with the Sky ecosystem. The goal is to make sUSDS a leading savings instrument on-chain, providing effective backing for users worldwide. The Ondo price has seen moderate fluctuations over the past 24 hours, indicating volatility. As of the reporting time, the ONDO price hovered at $0.7346, marking a slight decrease of 0.30% from the previous day. The trading day began at a low of $0.7148 and rose to a high of $0.7576, as illustrated by the green and red segments in the day’s price chart. The 4-hour technical indicators for ONDO price show a significant upward trend. The Moving Average Convergence Divergence (MACD) line has moved above the signal line, suggesting bullish…
Filed under: News - @ September 24, 2024 11:28 pm