Ondo Finance Launches Tokenized BlackRock Portfolio Strategies for Non-US Investors

Ondo Finance has introduced three on-chain portfolio tokens—BLKHIon, BLKDIGon, and BLKGRWon—based on investment strategies developed by BlackRock. While these tokens provide economic exposure to diversified baskets, they are securities issued by Ondo Global Markets (BVI) Limited rather than direct interests in BlackRock funds. Minting and redemption are restricted to eligible non-US investors who complete an onboarding process. BlackRock provides model allocations but does not manage the portfolios or owe fiduciary duties to token holders.