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Ondo, BlackRock, and Securitize propose $OUSG token for Sky's $1B asset tokenization plan

Protocol Fundamentals
24 Sep 2026
Crypto Briefing
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Bullish
Ondo, BlackRock, and Securitize propose $OUSG token for Sky's $1B asset tokenization plan

Ondo Finance, in partnership with BlackRock and Securitize, has submitted the $OUSG token proposal to Sky Ecosystem’s Spark Tokenization Grand Prix, aiming to tokenize $1 billion in financial assets. $OUSG offers instant subscriptions and redemptions, daily interest, and operates on Ethereum and Solana with over $600 million in total value locked. The proposal includes liquidity support from BlackRock, Securitize, and Circle, and could allow Sky to rebalance its portfolio by converting $OUSG into another token, BUIDL. This initiative could expand fixed-income options within the Sky ecosystem and enhance onchain liquidity and treasury exposure.

Ondo Finance's $OUSG token proposal for Sky's $1 billion tokenization initiative is the subject, with Pluang market data providing context. For readers following cryptocurrency markets, here is Pluang's snapshot as of Sep 24, 2026 19:22 WIB: out of 50 major cryptocurrencies priced on Pluang, 8 rose and 40 fell. Notable movers include BAL (Balancer) with a price of Rp16.297 and a 1-day change of +11.14%, ONE (Harmony) at Rp44 with a -22.33% change, and SUSHI (SushiSwap) at Rp4.394 with a -9.93% change. The most notable figure is the 1-day change of +11.14% for BAL.

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