Ondo Finance Expands Tokenized Assets Across Major Networks with Intelligent Portfolios and More
Ondo Finance is rapidly expanding its tokenized assets across major networks, marking a significant milestone in the evolution of real-world asset platforms.
The company has introduced Intelligent Portfolios, which package investment strategies as on-chain tokens. These portfolios have been developed by BlackRock for Ondo and offer access to various investment strategies through the blockchain platform for asset holding and transfer.
Ondo's tokenized stock business is also growing thanks to Alpaca's Instant Tokenization Network, allowing approved financial institutions to tokenize existing stocks without having to sell their shares first.
The company has made its Ondo Stocks available on the NEAR network, increasing access to tokenized stocks and exchange-traded products using cross-chain infrastructure that supports over 30 blockchain networks.