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Ondo Finance Launches Onchain Portfolio Tokens Using BlackRock-Developed Strategies

(8 days ago) · 1 source · Summarized by CryptoBipto

Ondo Finance has introduced onchain portfolio tokens that are based on investment strategies developed by BlackRock. These tokens aim to bring traditional portfolio management approaches onto blockchain infrastructure, combining elements of decentralized finance with institutional investment methodologies.

WHY IT MATTERS

Think of a portfolio token like a digital package that bundles an investment strategy — a plan for how to spread money across different assets — into a single token on a blockchain. Traditionally, accessing strategies from large asset managers like BlackRock required going through banks or brokerages. By putting these strategies onchain (meaning on a public blockchain), Ondo is attempting to make them more accessible and transparent. Tokenization is the process of representing real-world financial products as digital tokens, and it is one of the ways traditional finance and crypto are starting to overlap. For newcomers, this story illustrates how major financial institutions are beginning to use blockchain infrastructure rather than competing against it.

Ondo Finance, a protocol focused on bringing real-world assets onto blockchains, has launched a new product: onchain portfolio tokens that follow strategies developed by BlackRock, the world's largest asset manager.

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