Ondo Finance's tokenized Treasury product, USDY, has grown larger than BlackRock's BUIDL fund, holding about $2.33 billion compared to BUIDL's $2.2 billion. Despite this, the ONDO token, which serves as a governance token and does not pay yield, has declined significantly in value, dropping 9% in a recent week and now trading 79.5% below its all-time high. USDY is a yield-bearing token backed by US Treasuries and bank deposits, while ONDO holders only have governance rights with no claim on USDY's reserves or Ondo's revenue. Ondo's US expansion and regulated operations focus on stablecoins and fiat settlements, not increasing demand for ONDO tokens. Therefore, ONDO is not currently undervalued despite USDY's growth, as ONDO holders do not benefit directly from USDY's assets or Ondo's earnings until a revenue-sharing proposal is approved.
BlackRock's market cap stands at $175.68 billion as of Oct 19, 2026 02:21 WIB, with its stock price up 1.21% on the day and a dividend yield of 2.02%. This highlights the scale of BlackRock compared to Ondo Finance's USDY fund, which recently surpassed BlackRock's BUIDL fund in size. While ONDO token holders currently do not benefit from USDY's growth, BlackRock's shares continue to trade actively with a volume of over 1.1 million on Pluang.
BlackRock's iShares Bitcoin Trust saw a $165.4 million outflow in the week ending October 16, 2026, making up 72% of the $228.4 million total Bitcoin ETF outflows that week. Despite this, Bitcoin's price remains strong, trading around $81,141, up 6.8...
BlackRock's iShares Bitcoin Trust ETF (IBIT) operates through a Delaware statutory trust that legally owns the Bitcoin, with Coinbase acting as custodian holding the private keys. Shareholders hold beneficial interests, meaning they benefit from Bitc...
BlackRock reported solid third-quarter results, achieving $205 billion in net inflows and 19% revenue growth despite a slight slowdown in organic asset growth over the last twelve months. The operating margin improved to 47.8%, and adjusted earnings ...
BlackRock reported a strong third quarter with adjusted earnings of $15.93 per share, beating estimates by a wide margin and marking a 38% increase year-over-year. Revenue grew 19% to $7.75 billion, driven by $205 billion in net client inflows, inclu...
BlackRock, Inc. reported strong third-quarter results, with revenue up 19% and adjusted operating income rising 27%, surpassing analyst estimates for both revenue and earnings per share. The company's growth is becoming more diversified, driven by ga...
