Current outcome
BlackRock has brought investment portfolios onto the blockchain as digital tokens, extending tokenized real-world-asset products from the world's largest asset manager into mainstream investment offerings.
Progress timeline
3 material updates- #01
Ondo launches onchain portfolio tokens based on BlackRock-developed strategies
Ondo launched three onchain portfolio tokens that track model portfolio strategies developed by BlackRock, deepening the link between tokenized onchain products and traditional asset-management strategies.
Source evidence: The Block · The Defiant
- #02
Ondo unlocks BlackRock portfolio strategies, but only non-US traders benefit
Ondo Finance launched three tokenized portfolio tokens (BLKHIon, BLKDIGon, BLKGRWon) built on BlackRock-developed strategies, but they are Ondo-issued securities rather than BlackRock fund interests, and direct redemption is limited to onboarded non-US investors.
Source evidence: CryptoSlate · Decrypt
- #03
Exclusive | BlackRock Investment Portfolios Debut on the Blockchain as Digital Tokens
BlackRock has brought investment portfolios onto the blockchain as digital tokens, extending tokenized real-world-asset products from the world's largest asset manager into mainstream investment offerings.
Source evidence: WSJ