ICYMI, @BlackRock manages over $14T. @OndoFinance’s tokenized-stock platform passed $1B in TVL and $18B in trading volume within eight months. So this collaboration is a pretty big deal. BlackRock developed three portfolio strategies for Ondo: 1. High Income 2. Diversified Growth 3. High Growth Ondo turned each one into a single transferable token. Eligible non-US investors can hold a complete portfolio of tokenized stocks and ETFs without buying and rebalancing every position themselves. The underlying assets are backed 1:1, dividends are reinvested, and every holding, weight, and rebalance is visible onchain. For crypto, this means DeFi could gain access to a much wider range of productive collateral. Honestly? Super stoked.
Stacy MuurShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.