Newsig · The Block
Ondo launches onchain portfolio tokens based on BlackRock-developed strategies
Ondo has launched three onchain portfolio tokens based on model portfolio strategies developed by BlackRock.
Why it matters
BLK (BlackRock) · Why linked: BlackRock-developed strategies are the basis for the new onchain tokens, directly implicating the asset manager. Market context: Positive brand visibility and potential revenue from licensing model portfolio strategies to Ondo.
ONDO · Why linked: Ondo is the issuer launching the new onchain portfolio tokens. Market context: Expanded product offering may increase platform usage and token demand.
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