Ondo Launches 3 Tokenized Portfolio Products Utilizing BlackRock Strategies

Odaily News: Ondo has launched 3 tokenized products utilizing BlackRock portfolio strategies, namely the high-yield strategy BLKHIon, the diversified growth strategy BLKDIGon, and the high-growth strategy BLKGRWon.These 3 tokens are open for trading to qualified investors outside the United States. The tokens contain multiple asset allocations, can automatically rebalance, and support peer-to-peer transfers between wallets. Asset holdings, weightings, and information on each rebalancing are all publicly disclosed on-chain.Ondo disclosed that BlackRock does not serve as an advisor, manager, sponsor, promoter, underwriter, marketer, or distributor of the related products, nor does it exercise supervisory or control authority over the products. (Decrypt)