Ondo Finance Launches New On-Chain Product Ondo Intelligent Portfolios, Bringing Portfolio Strategies from BlackRock and Others On-Chain
Source:
www.wsj.com
According to official announcements, Ondo Finance has launched a new category of on-chain products, "Ondo Intelligent Portfolios," designed to deliver curated portfolios in the form of a single transferable on-chain token, enabling qualified investors outside the United States to gain exposure to professionally designed portfolio allocations through a single on-chain token.
The three portfolio tokens launched today are all constructed based on investment strategies customized by BlackRock for Ondo, catering to three primary investment needs: yield, allocation, and thematic investing:
BLKHIon: Ondo High Income Powered by BlackRock (High-Income Strategy)
BLKDIGon: Ondo Diversified Growth Powered by BlackRock (Diversified Growth Strategy)
BLKGRWon: Ondo High Growth Powered by BlackRock (High-Growth Strategy)
As on-chain infrastructure for leading asset management strategies, Ondo Intelligent Portfolios also unlocks a suite of new capabilities, including automated rebalancing at the smart contract level, portfolios that are programmable and composable with the broader on-chain ecosystem, and the potential to bundle multiple asset classes within a single token.
Holding the portfolio tokens provides economic exposure to the basket of underlying assets of this portfolio