Ondo Finance Expands Intelligent Portfolios to Solana Network
Ondo Finance has announced the expansion of its 'Intelligent Portfolios' suite to the Solana blockchain. Following a successful launch on Ethereum and BNB Chain that saw over $40 million in Total Value Locked (TVL) within four weeks, all seven professionally curated portfolios are now accessible to eligible non-U.S. investors via Solana wallets and applications. The expansion leverages Solana's growing ecosystem for tokenized equities, which currently boasts over 1.6 million addresses holding such assets. The suite includes three BlackRock-managed strategies (BLKHIon, BLKGRWon, and BLKDIGon) alongside four Ondo-designed thematic portfolios focusing on AI, technology, and targeted income. This move strengthens Ondo's presence on Solana, where the company already maintains over $500 million in TVL through its tokenized assets.
Topics: Asset Management DeFi Investment Portfolios Solana Tokenization