#WallStreet invade DeFi
#OndoFinance launched tokenized custody carteras based on strategies of #blackRock
#ONDO Finance has taken a decisive step in bridging traditional finance (TradFi) and the crypto ecosystem after launching three on-chain investment products backed by model portfolio strategies developed by BlackRock.
Designed for eligible investors outside the United States, these new instruments provide access to diversified portfolios through the issuance of a single token, eliminating the need to manage individual positions.
Three new On-Chain products: Ondo Global Markets will issue and Ondo Finance will tokenize three portfolios according to the investor’s risk profile:
Ondo High Income (BLKHIon)
Ondo Diversified Growth (BLKDIGon)
Ondo High Growth (BLKGRWon)
Simplified management and DeFi integration: Investors mint or redeem a single token to access the entire basket of assets. Weights and rebalancing are 100% transparent on the blockchain, and tokens can be transferred peer-to-peer and integrated into DeFi protocols.
Role separation with BlackRock: The world’s largest asset manager acts exclusively as the provider of non-discretionary model portfolio strategies. BlackRock does not manage the on-chain portfolios nor does it handle custody, issuance, or operation of the tokens.
TradFi/Web3 sector evolution: This launch expands the firms’ indirect partnership (noting that Ondo had already moved $95 million from its OUSG fund to BlackRock’s tokenized BUIDL fund) and consolidates the trend of bringing sophisticated financial products beyond simple Treasury bills into more complex investment strategies.
$ONDO
$RED
$SOL
#OndoFinance launched tokenized custody carteras based on strategies of #blackRock
#ONDO Finance has taken a decisive step in bridging traditional finance (TradFi) and the crypto ecosystem after launching three on-chain investment products backed by model portfolio strategies developed by BlackRock.
Designed for eligible investors outside the United States, these new instruments provide access to diversified portfolios through the issuance of a single token, eliminating the need to manage individual positions.
Three new On-Chain products: Ondo Global Markets will issue and Ondo Finance will tokenize three portfolios according to the investor’s risk profile:
Ondo High Income (BLKHIon)
Ondo Diversified Growth (BLKDIGon)
Ondo High Growth (BLKGRWon)
Simplified management and DeFi integration: Investors mint or redeem a single token to access the entire basket of assets. Weights and rebalancing are 100% transparent on the blockchain, and tokens can be transferred peer-to-peer and integrated into DeFi protocols.
Role separation with BlackRock: The world’s largest asset manager acts exclusively as the provider of non-discretionary model portfolio strategies. BlackRock does not manage the on-chain portfolios nor does it handle custody, issuance, or operation of the tokens.
TradFi/Web3 sector evolution: This launch expands the firms’ indirect partnership (noting that Ondo had already moved $95 million from its OUSG fund to BlackRock’s tokenized BUIDL fund) and consolidates the trend of bringing sophisticated financial products beyond simple Treasury bills into more complex investment strategies.
$ONDO
$RED
$SOL
