Ondo tokenizes BlackRock’s IVV ETF and Micron stock under US custodial model
The Block·
60-second summary
Ondo Finance tokenizes BlackRock's IVV ETF and Micron stock under a US custodial model with Ethereum-based settlement. The IVV ETF and Micron shares are now available as digital assets, allowing for fractional ownership and increased liquidity. This move aligns with the SEC's regulatory guidelines, paving the way for further institutional adoption of tokenized assets in the US market.
Ondo Finance launches tokenized BlackRock IVV ETF and Micron shares under SEC-defined custodial model with Ethereum-based settlement.