- BlackRock built three model portfolios (high-income, diversified growth, high-growth) that will trade as digital tokens.
- Ondo Finance is tokenizing the portfolios; Ondo will issue a token tracking each portfolio.
- The portfolios hold a mix of stock, bond and bitcoin exchange-traded funds.
- Ondo is launching seven tokenized model portfolios on Thursday, Sept 25, including the three from BlackRock.
- The portfolios are initially available to non-U.S. investors; they do not have direct shareholder rights in the underlying securities.
- Investors can borrow against tokens, transfer them, and trade 24/7.
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