This is an awesome product to see come to market. Now that tokenized stocks and RWAs in general are a mainstay onchain, we're going to see more of this type of experimentation and innovation. Basically, onchain ETFs/index funds.
There have been a few others that have attempted this type of thing (and I got very excited by them) but they all fizzled out. With
@Ondo and BlackRock especially behind this, I doubt very much it's gonna fizzle out, and it's prolly just gonna become part of the space now.
This is just scratching the surface, and I think we're gonna see a looooot more of this kind of stuff, very soon.
Genuinely excited by this, and think everyone should check it out / pay attention to what's happening here.