BlackRock and Ondo Finance have partnered to tokenize an entire investment strategy — including stocks, bond funds, and ETFs — into unique blockchain tokens that investors can hold directly in their crypto wallets. This is a new step forward in the tokenization of traditional finance.

The initiative targets a market valued at $9.8 trillion. Instead of buying individual assets, investors will hold a single token representing the entire portfolio strategy, removing many layers of traditional intermediaries.

This move builds on the momentum of institutions around the tokenization of real-world assets (RWAs), where on-chain representations of traditional financial instruments are increasingly viewed as a core infrastructure layer for the next phase of DeFi and institutional adoption.