The Ondo Short-Term US Government Treasuries fund mainly invests in BlackRock USD Institutional Digital Liquidity Fund (BUIDL)

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Jan 28, 2025 - 12:00am

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The Ondo Short-Term US Government Treasuries (OUSG) token is backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and allows qualified investors to mint and redeem tokens around the clock near instantaneously using the Ripple's RLUSD stablecoin
Backed by Institutional-Grade Assets and Partners. The significant majority of the OUSG portfolio is currently in the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), with the remainder in BlackRock’s FedFund (TFDXX), bank deposits, and USDC for liquidity purposes. The portfolio may, in the future, include other US Treasury funds and/or direct investments in US Treasuries.