BlackRock Tokenizes Portfolios via Ondo Finance Partnership
BlackRock and Ondo Finance have partnered to offer three new investment portfolios that are tokenized for easier access. These portfolios combine stock, bond, and Bitcoin ETFs in a mix of high-income, diversified growth, and high-growth models. Ondo issues tokens that automatically purchase underlying ETF shares when investors buy in.
The seven total tokenized model portfolios launching today include the three BlackRock versions. Non-US investors can now transfer, borrow, and trade these assets 24/7 without needing direct shareholder rights. The partnership marks a first for BlackRock, which has traditionally handled its own tokenization efforts.