According to on-chain analyst @ai_9684xtpa, 15 minutes ago, the whale 0x48e...0Fc7D deposited all 5.4 million ONDO coins, which were bought at an average price of $0.741 a month ago, into Coinbase, worth $4.24 million; if sold, it would yield a profit of $250,000.

The RWA tokenization platform Ondo Finance has partnered with the Cosmos-based Noble chain to bring its tokenized products to Cosmos. Ondo is one of the largest participants in the tokenized national debt market, with $300 million in deposits. Ondo plans to issue its first asset locally through Noble, which is USDY, a tokenized note backed by short-term US Treasury bonds with an annual yield of 5.2%, with a target of the end of the second quarter of this year. USDY is currently available on Ethereum, Solana, Mantle, and Sui.

The governance token for Ondo Finance, ONDO, saw a significant increase in value after the platform tested the ability to convert between Circle's USDC stablecoin and BlackRock's BUIDL token. An Ondo wallet redeemed $250,000 worth of BUIDL tokens for USDC, testing out the new USDC-to-BUIDL feature announced by Circle. Ondo Finance CEO Nathan Allman confirmed that the feature will be used to power instant redemptions of OUSG into USDC. BlackRock recently entered the asset tokenization sector with the creation of the BlackRock USD Institutional Digital Liquidity Fund, which is represented by the Ethereum-based BUIDL token. Ondo Finance was an early adopter of the fund, using it to back its OUSG token.

According to @ai_9684xtpa monitoring, Ondo Finance related address transferred 675,000 AEVO worth $2.06 million from Binance 4 hours ago. This address had previously transferred $5 million USDC to Ondo Coinbase recharge address a year ago. Ondo Finance is a well-known product in the RWA track and its platform coin ONDO has risen by 36% in the past 30 days.

Ondo Finance is expanding into the Sui ecosystem, bringing with it a new native dollar-denominated token called Ondo USD Yield (USDY). This token is backed by US treasuries and is interest-bearing, making it the first of its kind on the Sui Network. Ondo Finance is the third-largest platform to bring tokenized derivatives of real-world assets onto public blockchains, with over $185 million in TVL and $1 billion worth of its newly-launched governance token trading in its first week in late January. The integration of Ondo's tokenized assets, including stablecoins, tokenized securities, and real-world assets, will create new opportunities for teams building on Sui.

According to Spot On Chain's monitoring on January 26th, Ondo Finance deposited 12 million ONDO tokens (equivalent to approximately 2.58 million USD) into Bybit from a multi-signature wallet one hour ago. Seven days prior to this transaction, after an increase in the price of ONDO, four wallets associated with the project's multi-signature wallet deposited a total of 253 million ONDO tokens (equivalent to approximately 64.3 million USD) into a CEX exchange at an average price of approximately 0.254 USD. Of these four wallets, three still hold a total of 135.9 million ONDO tokens (equivalent to approximately 28.9 million USD).