Ondo Finance launched three onchain investment portfolios Thursday, bringing BlackRock-developed investment strategies to eligible investors outside the United States. The products let investors access diversified allocations through individual tokens without managing underlying assets separately.
The offerings include Ondo High Income Powered by BlackRock (BLKHIon), Ondo Diversified Growth (BLKDIGon), and Ondo High Growth (BLKGRWon). Each targets different investment objectives, ranging from income generation to growth-focused exposure.
Ondo Expands Tokenized Investment Access
Besides simplifying portfolio management, the tokens allow investors to mint, redeem, and transfer holdings across wallets, exchanges, and decentralized finance protocols.
Additionally, Ondo provides onchain visibility into portfolio holdings, allocations, and rebalancing activity. Consequently, investors can monitor portfolio changes without relying solely on traditional investment platforms.
Ondo Global Markets issues the tokens, while Ondo Finance handles tokenization. However, BlackRock only provides nondiscretionary model strategies and does not manage these portfolios.
BlackRock Partnership Supports Ondo’s Expansion
The launch builds on Ondo’s tokenization efforts and BlackRock’s expanding presence in digital assets. BlackRock previously introduced its BUIDL tokenized money market fund in March 2024. Moreover, Ondo transferred $95 million in OUSG assets into BUIDL, strengthening its connection with BlackRock’s tokenized investment infrastructure.
Ondo previously reported $1 billion in total value locked for its tokenized stock offering within eight months. Significantly, the new portfolios extend that approach beyond individual securities.
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