This is interesting. BlackRock + $ONDO is another sign that traditional finance is getting more comfortable with onchain assets. Ondo just launched Intelligent Portfolios built around investment strategies developed by BlackRock, with each portfolio represented by a single onchain token. And this got me thinking about xStocks on @ston_fi The approach is a little different, but the bigger idea is similar: bringing familiar traditional-market exposure into the blockchain world. With xStocks, assets like APLx, NVDAx, TSLAx, SPYx and GOOGLx are represented as tokens on TON. Eligible users can swap into them through Stonfi and hold them in their TON wallet. So we're starting to see different pieces of the same puzzle come together. BlackRock brings traditional portfolio strategies. Ondo turns those strategies into onchain portfolios. Products like xStocks bring individual market exposure onchain. And DeFi provides the infrastructure for these assets to actually move, trade and interact with other onchain products. The interesting part isn't just putting traditional assets onchain anymore. It's what happens once those assets can actually interact with DeFi. $LSK