BlackRock Launches Three Tokenized Portfolio Strategies on Ondo for Accredited Investors Outside the United States
Source:
decrypt.co
According to Decrypt, BlackRock designed three portfolio strategies for Ondo, which has tokenized them as the High-Yield Strategy BLKHIon, the Diversified Growth Strategy BLKDIGon, and the High-Growth Strategy BLKGRWon, available to qualified investors outside the United States. Unlike previous tokenizations of single funds or equities, these products comprise multiple assets and can be rebalanced according to predefined strategies, with related holdings, weights, and adjustment records viewable on-chain. Disclosures from Ondo clarify that BlackRock provides the relevant strategies and grants intellectual property licenses, but is not the investment advisor, manager, issuer, or distributor of these products.