Ondo Finance Expands Smart Portfolio Suite to Solana Network
Ondo Finance has announced the expansion of its 'smart portfolio' suite to the Solana blockchain, making seven professional investment portfolios available to eligible non-U.S. investors via Solana wallets and applications. These tokenized portfolios allow users to gain exposure to diversified strategies—including those managed by BlackRock—through a single on-chain token that features automatic rebalancing. The expansion follows significant momentum for Ondo, which has already surpassed $40 million in Total Value Locked (TVL) across its smart portfolios on Ethereum and BNB Chain. By launching on Solana, Ondo leverages an ecosystem where it already maintains over $500 million in TVL of tokenized assets, tapping into a growing market of over 1.6 million addresses holding tokenized equities.