Ondo Finance Tokenizes BlackRock ETF and Micron Stock

Ondo Finance has launched tokenized shares of the BlackRock iShares Core S&P 500 ETF (IVV) and Micron Technology (MU) stock in the US market, marking a significant step towards integrating blockchain technology with regulated securities markets.

The service operates under a third-party custodial model aligned with guidance issued by the U.S. Securities and Exchange Commission (SEC) in January 2025. This allows for the issuance of digital securities while maintaining compliance with federal securities laws.

Token holders will receive the same legal rights as traditional shareholders, including access to corporate notices, voting rights, and investor protections. These rights are managed through a standard U.S. brokerage account, meaning investors do not need to navigate specialized crypto wallets or decentralized platforms to participate.