Ondo Finance Brings Tokenized Stocks to Market Using SEC Third-Party Custody Model
The BlackRock ETF, likely a major equity fund like IVV, is tokenized under Ondo's SEC-compliant model, potentially increasing its accessibility and trading efficiency.
- ▲ Ondo launches tokenized version of a BlackRock ETF
- ▲ SEC custodial model provides legal clarity for ETF tokenization
- ▼ Competing tokenization platforms may erode Ondo's first-mover advantage
- ▼ Investor skepticism about tokenized securities liquidity
▼ Show FAQ (3) ▲ Hide FAQ
Which BlackRock ETF is being tokenized?
The article does not specify, but it likely refers to a popular equity ETF such as the iShares Core S&P 500 ETF (IVV).
What does tokenization mean for ETF investors?
It could enable 24/7 trading, fractional shares, and potentially lower costs by reducing intermediary fees, making the ETF more attractive.
Will the tokenized ETF hold the same assets as the original?
Yes, the underlying assets remain the same; tokenization is a representation of ownership on a blockchain, not a change in portfolio composition.