MonitoringCryptoOtherFirst tracked 2026-09-25Last changed 2026-09-25
Current outcome
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.
Progress timeline
1 material updates- #01
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