The Block reported that Ondo Finance (ONDO), a real-world asset (RWA) tokenization platform, has launched tokenized products for BlackRock's S&P500 index-tracking ETF IVV and U.S. memory semiconductor manufacturer Micron Technology (NASDAQ ticker: MU). Ondo's new products were designed through the third-party custody framework proposed by the U.S. Securities and Exchange Commission (SEC) last January.