Cryptopedia - Blackrock, Inc. Tokenized Stock (Ondo)
BLKon represents the Ondo tokenized form of Blackrock, Inc., providing holders with economic benefits comparable to owning BLK shares while automatically reinvesting dividends. Through Ondo’s tokenized stock platform, institutional and retail participants outside the US can mint and redeem these U.S. equity and ETF tokens instantly. This service operates 24 hours a day, five days a week, offering complete access to traditional exchange liquidity, though further restrictions are in place.
