Ondo launches Intelligent Portfolios managed by BlackRock on the blockchain
Ondo Finance has launched Ondo Intelligent Portfolios, a new category of blockchain-based investment products featuring tokenized portfolios developed and managed by BlackRock. These three initial portfolio tokens—BLKHIon (High Income), BLKDIGon (Diversified Growth), and BLKGRWon (High Growth)—offer investors outside the U.S. professionally designed diversified strategies in single, transferable tokens on blockchain platforms. The launch marks a milestone as it is the first time institutional-grade portfolio strategies are made accessible via tokenization for eligible investors through peer-to-peer transfers or DeFi applications. These portfolios provide exposure to weighted baskets of assets without requiring individual asset management by users. Ondo plans to expand its product line with additional blockchain-based portfolios over time. The integration leverages smart contracts for automatic rebalancing and programmable features, enhancing transparency and interoperability within the broader blockchain ecosystem.
Tickers: $BLK
Topics: BlackRock partnership blockchain investment portfolios tokenization