Ondo launches tokenized versions of BlackRock's IVV ETF and Micron stock

Real-world asset (RWA) tokenization platform Ondo Finance (ONDO) has launched tokenized versions of BlackRock's S&P 500 index-tracking ETF, IVV, and shares of U.S. memory chip manufacturer Micron Technology (Nasdaq: MU), The Block reported. The new products were designed under a third-party custody framework introduced by the U.S. Securities and Exchange Commission (SEC) in January.