Ondo Finance tokenizes BlackRock’s ETF portfolios on blockchain
BlackRock has developed three model portfolios of ETF baskets that Ondo Finance will tokenize and make tradable on-chain. The move follows Ondo’s prior tokenization of the iShares Core S&P 500 ETF, where tokens are backed 1:1 by fund shares.
Summaries are written by AI from the original article. Not investment advice.