Ondo Finance has expanded its tokenized real-world assets offering by launching blockchain-based versions of BlackRock's IVV ETF and Micron shares, operating within an SEC-defined custodial framework. The tokens are backed by underlying securities held through a regulated custodian, aiming to align with US compliance requirements while extending traditional financial products onto public blockchains. Settlement occurs on Ethereum, allowing the tokenized instruments to be transferred and used within onchain environments. The custodial model is designed to bridge conventional equity and fund markets with decentralized infrastructure, offering investors exposure to established assets in digital form. The move reflects a broader industry trend toward tokenizing stocks, ETFs, and other regulated securities as firms seek to combine institutional-grade custody with the efficiency of blockchain-based transfers. Ondo's approach positions it among companies pursuing regulated pathways for bringing traditional financial assets onchain.
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