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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting the accelerating integration of traditional assets into decentralized systems, Ondo Finance has tokenized BlackRock's IVV ETF and Micron Technology shares on the Ethereum blockchain. The firm utilized the SEC's January custodial model to facilitate this regulated debut of traditional financial instruments. However, these new digital tokens are currently restricted and remain unavailable to investors based within the United States.
This development arrives as the Real World Asset (RWA) tokenization sector gains significant momentum, with fintech firms bridging traditional market liquidity with blockchain efficiency. In comparison to peers, BlackRock previously launched its BUIDL institutional liquidity fund on Ethereum, which surpassed a $500 million market cap per market data (Etherscan). Including Micron (MU) shares in this framework marks a sophisticated step in bringing high-growth tech equities to digital portfolios for non-US investors.
Regarding market performance, MU stock stood at $975.56 (at close 2026-07-02), with a daily range between $950.28 and $1,064.64 per market data. Traders are now looking ahead to the Chinese Manufacturing PMI scheduled for June 30, 2026, as a key catalyst for the semiconductor sector and global demand, which could influence the stock's near-term trajectory.