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CryptoMedium•2 July 2026•

1 min read

Ondo Finance Tokenizes BlackRock IVV ETF and Micron Stock on Ethereum

Key Facts

1Ondo Finance launched tokenized versions of BlackRock's IVV ETF and Micron shares under a US custodial model.

2These digital assets are settled on the Ethereum network and follow SEC-defined custodial standards.

In a move reflecting the accelerating integration of traditional assets into decentralized systems, Ondo Finance has launched tokenized versions of BlackRock's IVV ETF and Micron (MU) shares under a US custodial model. These digital assets are settled on the Ethereum network and strictly follow SEC-defined custodial standards to ensure regulatory compliance. This launch aims to provide seamless on-chain access to major US equities and ETFs within a regulated framework.

Version History

2 additional sources confirmed this story

This expansion comes as Real World Asset (RWA) tokenization gains significant momentum, with Ondo already managing tokenized Treasury funds exceeding $500 million per market data. This move competes with similar initiatives from firms like Franklin Templeton, which has launched blockchain-based money market funds, further enhancing liquidity in a DeFi sector that has seen its Total Value Locked (TVL) reach new heights this year according to industry reports.

Regarding the underlying assets, MU closed at $1032.28 and IVV at $749.1 (close July 1, 2026). Traders are currently watching the Chinese Manufacturing PMI due on June 30 as a catalyst for the semiconductor sector, alongside Fed Williams' speech on June 26, which could impact market sentiment toward risk-on digital and equity assets.