Ondo Launches Onchain Portfolios Powered by BlackRock
Ondo Finance has launched Intelligent Portfolios, a new onchain product that brings professionally designed portfolios to eligible investors. Powered by BlackRock, the portfolios are delivered as single transferable tokens.
The three portfolio tokens available today address specific needs: income, allocation, and thematic strategies. BLKHIon is Ondo High Income Powered by BlackRock, while BLKDIGon is Ondo Diversified Growth Powered by BlackRock, and BLKGRWon is Ondo High Growth Powered by BlackRock.
Each portfolio token provides economic exposure to the underlying basket of assets. Investors can mint or redeem a single token to hold a weighted basket without buying individual positions themselves. Holdings, weights, and rebalances are visible onchain, and the tokens are transferable peer-to-peer across wallets, exchanges, and DeFi protocols.
Ondo intends to expand its product line with additional portfolios over time. The launch of Ondo Intelligent Portfolios represents an important milestone in the development of onchain investment products.