ONDO partners with BlackRock to launch a tokenized "smart portfolio" that allows exposure to professional investment portfolios via a single on-chain token.

According to official announcements, Ondo Finance has launched a new on-chain product category: "Ondo Intelligent Portfolios", presented as a single transferable on-chain token that grants non-US qualified investors access to professionally designed portfolio exposure via one single on-chain token. The three portfolio tokens launched today are all built on portfolio strategies custom-developed by BlackRock for Ondo, targeting three core investment needs: - BLKHIon: Ondo High Income Powered by BlackRock (high-yield strategy) - BLKDIGon: Ondo Diversified Growth Powered by BlackRock (diversified growth strategy) - BLKGRWon: Ondo High Growth Powered by BlackRock (high-growth strategy) Ondo Intelligent Portfolios will also unlock a suite of new capabilities, including an automatically executed rebalancing mechanism at the smart contract level, programmatically composable portfolios that integrate with the broader on-chain economy, and the ability to combine multiple asset classes within a single token. Holding these portfolio tokens provides economic exposure to the portfolio’s underlying asset basket. Each portfolio token is issued by Ondo Global Markets and tokenized by Ondo Finance. Investors only need to mint or redeem the single token to hold a basket of weighted tokenized assets, eliminating the need to individually purchase, weight, or rebalance separate positions. Holdings, weights, and every rebalancing event are visible in real time on-chain, and the tokens can be freely transferred peer-to-peer between wallets, trading platforms, and DeFi protocols. Ondo plans to continuously expand this product line going forward, rolling out additional on-chain portfolio products.