BlackRock Strategies Now Available as Tokenized Portfolios

Ondo Finance has launched three new tokenized portfolio products built on strategies developed by BlackRock.

The tokens are called BLKHIon, BLKDIGon, and BLKGRWon and cover income, diversified growth, and high growth strategies. Each one tracks a different investment strategy and holds a mix of assets including stocks, bonds, and Bitcoin ETFs.

Investors can mint or redeem a single token that represents the whole basket without needing to buy each asset separately.

The launch comes while Ondo Finance is dealing with an ongoing legal dispute over company control following founder Nathan Allman's death.