BlackRock Teams Up with Ondo Finance for Blockchain-Based Portfolios

BlackRock has partnered with Ondo Finance to launch three tokenized model portfolios on blockchain networks. The move is part of BlackRock's broader expansion into blockchain-based infrastructure.

The tokenized portfolios will track different mixes of traditional assets and digital market exposure, including stocks, bonds, and Bitcoin ETFs. The products focus on high growth, diversified growth, and high income strategies.

Ondo Finance has previously partnered with Near Protocol to launch tokenized stocks and exchange-traded products, introducing 20 assets, including Tesla, NVIDIA, Apple, and QQQ products.