๐จ BLACKROCK JUST TOOK A BIG STEP INTO TOKENIZED FINANCE
The line between Wall Street and crypto is getting thinner. ๐
BlackRock has created 3 investment portfolios โ High-Income, Diversified Growth, and High-Growth โ designed to trade as digital tokens, with Ondo Finance handling the tokenization.
Each portfolio combines stock, bond, and Bitcoin ETFs. Once you buy a token, smart contracts automatically allocate funds into the underlying ETFs.
And hereโs where it gets interesting: ๐ฅ
๐น Trade & transfer 24/7
๐น Potential to borrow against the tokens
๐น Exposure to diversified traditional assets
๐น Blockchain-based settlement and liquidity
๐น Initially available to non-U.S. investors
Token holders don't receive direct shareholder rights in the underlying securities, but they get something traditional markets can't easily offer: around-the-clock digital liquidity.
This isn't just a pilot or experiment.
It marks the first time BlackRock has specifically designed portfolios to be tokenized by another firm.
Traditional finance is moving onto crypto rails โ and the gap between the two worlds just got a whole lot smaller. ๐๐
Is tokenized finance the next major evolution of investing? ๐
#BlackRock #BinanceSquare
The line between Wall Street and crypto is getting thinner. ๐
BlackRock has created 3 investment portfolios โ High-Income, Diversified Growth, and High-Growth โ designed to trade as digital tokens, with Ondo Finance handling the tokenization.
Each portfolio combines stock, bond, and Bitcoin ETFs. Once you buy a token, smart contracts automatically allocate funds into the underlying ETFs.
And hereโs where it gets interesting: ๐ฅ
๐น Trade & transfer 24/7
๐น Potential to borrow against the tokens
๐น Exposure to diversified traditional assets
๐น Blockchain-based settlement and liquidity
๐น Initially available to non-U.S. investors
Token holders don't receive direct shareholder rights in the underlying securities, but they get something traditional markets can't easily offer: around-the-clock digital liquidity.
This isn't just a pilot or experiment.
It marks the first time BlackRock has specifically designed portfolios to be tokenized by another firm.
Traditional finance is moving onto crypto rails โ and the gap between the two worlds just got a whole lot smaller. ๐๐
Is tokenized finance the next major evolution of investing? ๐
#BlackRock #BinanceSquare