Topic
Asset allocation blueprints designed by an investment manager for other firms or advisers to implement, usually without the designer managing the invested money.
Ondo Finance launched three tokens that each hold a rebalanced basket of its tokenized stocks and ETFs, using strategies BlackRock designed. Using the tokens as DeFi collateral is so far only a possibility Ondo has named.
Reality
BlackRock is shifting AI exposure in its roughly $300 billion of model portfolios from early tech leaders to AI adopters. That sum is the whole book, and the same overhaul adds US large caps, so the net cut to mega-cap tech may be far smaller.
Reality
Ondo Finance's token rose 18-22% to about $2.4 billion in market value after it launched three portfolio tokens built on BlackRock model strategies. The portfolios' holdings are public onchain, so anyone can check whether investors put money in while the 10-year Treasury yields about 5.14%.
Reality