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Ondo Finance Debuts Token Blending Tech Giants With Crypto ETFs

BSCN avatar BSCN
1 min read
Ondo Finance Debuts Token Blending Tech Giants With Crypto ETFs

Ondo Finance has introduced MAG7X, a tokenized index that packages the seven biggest US technology firms together with BlackRock's Bitcoin and Ethereum exchange-traded funds. The product trades continuously on Ethereum, BNB Chain and Solana, letting holders gain exposure to both equity and cryptocurrency markets through a single blockchain asset.

The token operates on Ondo's tokenized equities platform and forms part of a portfolio suite that expanded to seven products in October. Ondo already holds over $500 million in tokenized assets on Solana. The offering targets non-US investors, as American participants face securities restrictions.

Read the full story on BSC News: Ondo Finance Launches MAG7X Token Combining Big Tech Stocks With BlackRock Bitcoin and Ethereum ETFs

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