Ondo Finance launches three BlackRock‑based on‑chain portfolio tokens

Ondo Finance announced the launch of three new on‑chain portfolio tokens built on investment strategies created by BlackRock. The tokens, named Ondo Intelligent Portfolios, provide economic exposure to a basket of underlying assets and are transferable between supported wallets.

Token offerings and strategies

The three portfolios are:

• BLKHIon – a high‑income strategy focused on bond‑heavy allocations.
• BLKDIGon – a diversified‑growth strategy with a mix of assets.
• BLKGRWon – a high‑growth strategy targeting higher‑risk, higher‑return assets.

Each token reflects the performance of its underlying basket, which may include stocks, bonds and Bitcoin‑linked exchange‑traded funds, depending on the strategy. Holdings, weightings and rebalancing schedules are visible on‑chain.

Eligibility and access

The tokens are initially available only to eligible investors outside the United States, consistent with Ondo’s existing tokenized‑stock distribution rules. U.S. investors are excluded from purchasing these specific portfolio tokens, although Ondo is developing a separate U.S.‑focused infrastructure through its registered broker‑dealer.

Market reaction

At the time of reporting, Ondo’s native token (ONDO) traded near $0.497 on CoinGecko, up roughly 18 % over the previous 24 hours. The price movement coincided with the portfolio launch announcement.

Background

BlackRock supplied the three model‑portfolio strategies, while Ondo Global Markets issues the corresponding tokens and manages the on‑chain offering. The arrangement was described by BlackRock’s global head of Model Portfolio Solutions as a new way to deliver established portfolio strategies via digital infrastructure.

Ongoing corporate matters

Ondo continues to address a leadership and ownership dispute following the death of founder Nathan Allman in May. The company confirmed the transition of CEO duties to Ian De Bode in June, while legal proceedings involving family members and early investors remain unresolved.