Ondo opens tokenized BlackRock strategies to non-US investors

Ondo Finance is giving investors tokenized exposure to portfolio strategies sourced from BlackRock, according to a CryptoSlate report. Access is restricted to investors outside the United States, the report said.

The arrangement splits responsibilities between the two firms: BlackRock provides the portfolio allocations, while Ondo issues the securities that represent them. That structure places Ondo in the role of issuer rather than asset manager.

Onboarding stands between investors and direct issuance

• Investors must complete an onboarding process before they can mint or redeem directly, per the report.
• The offering is not available to US traders, reflecting the compliance limits placed on the product.
• The report did not disclose the size of the allocations, the specific strategies involved, or fee terms.

The launch fits a broader push to wrap conventional portfolio exposure in blockchain-based tokens, a category that has drawn interest from asset managers seeking distribution beyond traditional fund channels. Products in this space typically carry jurisdictional restrictions because issuing tokenized securities touches US securities rules.

Key operational details — including which BlackRock strategies are covered, the eligibility criteria for onboarding, and the timeline for broader availability — were not spelled out in the source report.