🚨 JUST IN: Ondo Finance just dropped a bombshell: it's tokenized BlackRock's IVV ETF and Micron shares under the US SEC-defined custodial model - the same standards governing traditional Wall Street custodians.
This game-changing move not only brings mainstream ETFs to the DeFi realm but also integrates them with the Ethereum-based settlement system, a move that could potentially bridge the gap between institutional and retail investors. Ondo Finance has now joined the ranks of pioneers like Base and Cro, both of whom have also made waves in the tokenized custody space.
What's particularly noteworthy here is the strategic choice of BlackRock's IVV ETF - a stalwart of the traditional finance world. By bringing this particular ETF into the crypto fold, Ondo Finance is effectively opening up new doors to mainstream institutional money. Meanwhile, the tokenization of Micron shares could provide a glimpse into the future of fractional ownership and decentralized liquidity management on Et
This game-changing move not only brings mainstream ETFs to the DeFi realm but also integrates them with the Ethereum-based settlement system, a move that could potentially bridge the gap between institutional and retail investors. Ondo Finance has now joined the ranks of pioneers like Base and Cro, both of whom have also made waves in the tokenized custody space.
What's particularly noteworthy here is the strategic choice of BlackRock's IVV ETF - a stalwart of the traditional finance world. By bringing this particular ETF into the crypto fold, Ondo Finance is effectively opening up new doors to mainstream institutional money. Meanwhile, the tokenization of Micron shares could provide a glimpse into the future of fractional ownership and decentralized liquidity management on Et