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The Block (@TheBlockCo): THE BLOCK: Ondo Finance launched tokenized versions of BlackRock's IVV ETF and Micron shares using a third-party U.S. custodial model.

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THE BLOCK: Ondo Finance launched tokenized versions of BlackRock's IVV ETF and Micron shares using a third-party U.S. custodial model. The underlying securities remain in the traditional U.S. custody chain under a framework the SEC outlined in January.

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