BlackRock Joins Forces with Ondo Finance for Blockchain-Based Portfolios

BlackRock has expanded its tokenization strategy through a partnership with Ondo Finance. The asset manager and blockchain platform have launched three tokenized model portfolios that combine traditional assets, such as stocks and bonds, with digital market exposure, including Bitcoin ETFs.

The portfolios focus on high growth, diversified growth, and high income strategies, allowing users to gain exposure to traditional financial assets through digital representations. However, the portfolios remain linked to the performance of their underlying investments.

Initially available outside the United States, the tokenized portfolios will enable round-the-clock trading access to blockchain users. This marks another step in BlackRock's broader blockchain expansion, following the launch of tokenized money market funds to support digital finance applications.