Ondo Launches Tokenized Portfolios Built on BlackRock Strategies
Ondo has launched three portfolio tokens built using investment models provided by BlackRock, with Ondo responsible for managing the tokenized products. The tokens are live on Ethereum and BNB Chain and are offered to eligible investors outside the United States.
Why It Matters
This marks a collaboration where a major traditional asset manager's models underpin on-chain portfolio tokens, highlighting continued institutional involvement in crypto-native product structures and the growth of tokenized investment vehicles for non-U.S. investors.
Key Facts
- Number of tokens: Three portfolio tokens
- Blockchains: Ethereum and BNB Chain
- Investor eligibility: Non-U.S. investors only (eligible)
- Model provider: BlackRock
- Product manager: Ondo
Ondo has rolled out three portfolio tokens that are live on both Ethereum and BNB Chain. The products are available to eligible investors outside the United States.
BlackRock supplied the underlying investment models for the tokenized portfolios, while Ondo will handle management of the products. The launch pairs BlackRock’s model input with Ondo’s on-chain product operations.
The offering underscores a collaboration between a large traditional asset manager and a crypto-focused issuer, bringing model-driven portfolios onto public blockchains. According to the announcement, access is limited to non-U.S. eligible investors, and the tokens are implemented on the two widely used networks, Ethereum and BNB Chain.
Ondo’s role is to manage the product structure and operations onchain, while BlackRock’s contribution is the provision of the portfolio models that inform the tokens’ constructions. No further details about allocation, fees, or redemption mechanics were provided in the source excerpt.
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Original source: The Defiant