Ondo partners with BlackRock to launch tokenized ‘smart portfolios’

PANews reported on September 24 that Ondo Finance today launched a new on-chain product category: Ondo Intelligent Portfolios, which are selected investment portfolios presented in the form of a single transferable on-chain token. The three portfolio tokens launched today are all built on portfolio strategies custom developed by BlackRock for Ondo, marking the first time that qualified on-chain investors will be able to gain economic exposure to such strategies through a single token. Three customized investment portfolio strategies, respectively targeting the three major investment needs of income, allocation and theme:

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)