Ondo Brings BlackRock-Backed Portfolios to Ethereum and BNB Chain
Ondo has launched Intelligent Portfolios, a new line of on-chain investment portfolios that combine three BlackRock model strategy tokens into one easy-to-manage token. The BLKHIon, BLKDIGon, and BLKGRWon tokens are now available on Ethereum and BNB Chain, with CoW Protocol handling settlement for eligible non-US investors.
Each Intelligent Portfolio wraps a BlackRock model strategy into a single token, allowing investors to hold and transfer a diversified allocation without managing individual components. This is the first time BlackRock-powered tokenized portfolios have appeared on these two chains, further expanding Ondo's position in institutional tokenization beyond single-asset products.
According to Ondo, the launch of Intelligent Portfolios is more about repricing catalysts tied to expected platform inflows than any direct token-economic features. Adoption of the three tokens will determine how much demand actually reaches the platform.