TREE NEWS update: Ondo has launched three tokenized portfolio products built on investment models supplied by BlackRock. The tokens are available on Ethereum and BNB Chain to eligible non-US investors, with Ondo managing the products and BlackRock providing the strategies. No figures were disclosed.
Ondo Launches Tokenized Portfolios Using BlackRock Strategies
This marks another step in tokenization moving from single-asset wrappers toward packaged, strategy-driven products, with a major asset manager supplying the models rather than merely the underlying fund. The design—non-US eligible investors only, multi-chain distribution—signals where demand and regulatory comfort currently sit. The open question is whether BlackRock's role remains strategy provision or deepens into something closer to sponsorship, and how rival tokenization platforms respond.
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