- Ondo launched three tokenized portfolios based on BlackRock strategies.
- Investors can access diversified baskets through single transferable tokens.
- Products are available outside the US in permitted jurisdictions.
Ondo tokenized portfolios launched on Thursday with strategies developed from BlackRock model portfolio designs. The products allow eligible investors outside the US to access diversified investment baskets through single onchain tokens. In a press release, Ondo Finance said the portfolios make holdings, weights, and rebalancing activity visible through blockchain technology.
Ondo Tokenized Portfolios Bring BlackRock Models Onchain
In the announcement, the new Ondo tokenized portfolios include High Income Powered by BlackRock, Diversified Growth Powered by BlackRock, and High Growth Powered by BlackRock. Each product allows users to mint or redeem one token instead of managing individual assets separately.
The tokens can move between compatible wallets, exchanges, and decentralized finance applications. Ondo said each portfolio token is issued by Ondo Global Markets and tokenized by Ondo Finance. The products remain available only to eligible investors in approved jurisdictions.
BlackRock provides nondiscretionary model portfolio strategies but does not manage the tokenized products. The asset manager also does not handle issuance, custody, distribution, or daily operations.
Ondo Tokenized Portfolios Expand Real World Asset Access
The launch builds on growing interest in tokenized investments and real world assets. BlackRock previously entered the sector through its BUIDL tokenized money market fund launched with Securitize in 2024.
Ondo has also expanded its tokenization services through products linked to traditional assets. The company said it plans to introduce additional onchain portfolios over time.
Ondo tokenized portfolios combine traditional portfolio construction with blockchain-based transfer features. The structure lets investors hold exposure to multiple assets through a single token while maintaining visibility into portfolio changes.
The ONDO token also gained market attention following the announcement. ONDO traded around $0.48, rising more than 16%, while weekly gains exceeded 37% based on the supplied market data. The launch marks another step in expanding institutional-style investment products into blockchain-based markets.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
