iShares Core S&P 500 ETF Tokenized by Ondo
The iShares Core S&P 500 ETF has been tokenized on the blockchain by Ondo, allowing for decentralized trading of the fund.
This development enables investors to buy and sell shares in the ETF without needing a traditional exchange or brokerage account.
According to the source, this move is part of a growing trend towards tokenization, which has gained momentum in recent years due to its potential to increase liquidity and reduce costs for investors.