BlackRock-Backed Portfolios Fuel Ondo's Breakout to Fresh Yearly Highs

Ondo Finance has launched its Intelligent Portfolios, built around investment strategies developed by BlackRock. This new product is expected to expand Ondo's tokenization platform beyond individual assets into diversified investment products.

The first three portfolios are designed to package diversified exposure into transferable on-chain tokens, allowing eligible investors outside the U.S. to access professionally constructed strategies through Ondo's Infrastructure.

The move comes after ONDO price broke above $0.45, a key resistance level that had been capping previous attempts to move higher. The price is now trading around $0.508, with open interest surging to roughly $292.6 million, its highest level.