Introducing Ondo Intelligent Portfolios, the first three portfolios powered by BlackRock.
Ondo Intelligent Portfolios introduces a new onchain product category: curated investment portfolios delivered as single onchain transferable tokens.
The first three portfolios are based on portfolio strategies developed by BlackRock for Ondo, marking the first time eligible onchain investors can access exposure to such strategies through a single token.
1. BLKHIon: Ondo High Income Powered by BlackRock
2. BLKDIGon: Ondo Diversified Growth Powered by BlackRock
3. BLKGRWon: Ondo High Growth Powered by BlackRock
Diversified, professionally constructed strategies have historically required brokerage accounts and traditional fund structures. Now, delivered as peer-to-peer transferable tokens from Ondo, these onchain portfolios become accessible to eligible non-US investors in permitted jurisdictions through the wallets, exchanges, and DeFi applications they already use.
โTokenization creates new ways for portfolio strategies to be delivered through digital infrastructure. Diversified portfolio strategies can be incorporated into tokenized investment products, enabling eligible investors to access diversified allocations through a single instrument. It shows how established portfolio construction approaches can be delivered through new channels and technologies.โ - Lisa OโConnor, Global Head of the Model Portfolio Solutions team and Co-CIO for Global Solutions within the Multi-Asset Strategies group at BlackRock
Ondo Intelligent Portfolios can unlock novel capabilities:
โ Programmatic rebalancing
โ Full composability with DeFi
โ Complete transparency onchain
โ Multiple asset classes in a single token
This is just the start for Ondo Intelligent Portfolios. The infrastructure is now in place for leading financial institutions to bring their asset allocation expertise onchain.
This is how tokenization goes mainstream.
Joining DTCCโs Fund/SERV gives Ondo a path to scale tokenized funds through the network traditional distributors already use.
Tokenized funds are one step closer to becoming central to how the world invests.
Another big week for tokenized finance.
Banks built deposit networks, asset managers launched reserve funds, and regulators moved closer to a framework for tokenized stocks.
Latest tokenization news โ
1๏ธโฃ Major U.S. banks advance tokenized deposit network
The Clearing House is building a shared tokenized deposit network for interbank clearing and settlement across JP Morgan, Citi, Bank of America, Wells Fargo, and others.
https://t.co/oKS4efIQ0f
2๏ธโฃ DTCC prepares to bring tokenized securities to production
DTCC plans to begin limited production trades of tokenized Russell 1000 equities, major index ETFs, and U.S. Treasuries in July, with a full platform launch set for October. Over 50 firms including Ondo, BlackRock and JPMorgan have been involved in development.
https://t.co/GA5yCATFFL
3๏ธโฃ State Street launches GENIUS Act-aligned stablecoin reserves fund
State Street became the fourth major asset manager to launch a dedicated money market fund for stablecoin issuers, joining BlackRock, Goldman Sachs, and BNY, with ~$121M in AUM at launch.
https://t.co/n5j8AXcxzT
4๏ธโฃ Tokenized stocks and ETFs surpass $1.5 billion in market value
The tokenized stock market has grown to over $1.5 billion in market cap as of mid-June, up more than 3,300% from January 2024, making it one of the fastest-growing crypto asset categories.
https://t.co/8EKwlvQLvq
5๏ธโฃ SEC signals openness to tokenized stock framework
The SEC is studying an innovation exemption that would allow platforms to offer tokenized stocks under a modified regulatory structure. A draft framework was delayed in May after pushback from major exchanges, with revisions expected in the coming months.
https://t.co/FKgpQQIHGf
6๏ธโฃ Ondo Global Markets expands to 430+ tokenized stocks and ETFs
Ondo Global Markets added 173 new tokenized stocks and ETFs across Ethereum, Solana, and BNB Chain.
https://t.co/ybAhA1i7mc
Native $INJ is coming to Coinbase. The largest U.S. exchange will support native INJ deposits and withdrawals through the Injective EVM. Injective also tokenized its first fan-owned hit single, and the Summit lineup keeps filling with the biggest names from Wall Street and crypto.
Below are some of the top developments that happened on Injective from the past week ๐๏ธ
๐ช @Coinbase will officially support native INJ, with the largest U.S. exchange enabling deposits and withdrawals through the Injective EVM: https://t.co/NTpcdMS51W
๐ช Injective is officially tokenizing "Something Special" by Khalid and Ahn Hyo-seop, the first fan-owned single, letting fans hold a real stake in the song through a collaboration with Fandom: https://t.co/O94M1rt4rS
๐ช @PanteraCapital is officially supporting the Injective Summit, the fund that backed Injective six years ago now bringing the insights to steer Washington in the right direction for crypto this July: https://t.co/Noi9C3aX0L
๐ช Krista Lynch of @Grayscale is officially joining the Injective Summit, connecting one of the largest crypto ETF issuers to builders this July: https://t.co/UwLpm27vIp
๐ช Joseph Chalom of @Sharplink is officially joining the Injective Summit, the executive who helped write BlackRock's digital asset playbook now running the largest public Ethereum treasury company: https://t.co/2YWCSZEzqU
๐ Key Stats
๐ช @HelixMarkets crossed $77.8 billion in cumulative trading volume, adding $272 million over the past 7 days: https://t.co/uTbYxPhHnq
๐ช More than 700 AI agents joined Injective over the last 30 days, hockey stick growth on the blockchain built for finance: https://t.co/ajSf5ch7tN
๐ Ecosystem News
๐ช @hydro_fi crossed $6.5 million supplied, borrowed, and earning across Hydro Lending, putting stablecoins, LSTs, and $INJ to work onchain: https://t.co/WiyEmdmJI6
๐ช @realmintio brought @Collector_Crypt trading cards to Injective, with more than 3,000 tokenized Pokemon, NFL, and NBA cards now officially live and trading gasless: https://t.co/6pRbvJhahF
๐ช Explore is officially live on @ChoiceXchange, a token discovery hub where every token gets its own page with a price chart, stats, project links, and an integrated swap: https://t.co/Eb0OdZIUYa
๐ช @NinjaLabsHQ refreshed the N1NJ4 site with a new look and teased something new on the way: https://t.co/ClPfzmPbj1
Native INJ is coming to Coinbase. The chain built for finance just reached the largest exchange in America.
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๐ข MetFi DAO just bought 100K USDT worth of Tesla xStock TSLAX!
โฌ๏ธ 261.15 TSLAx added to the treasury at an average price of 382.93 USDT
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MetFi DAO just bought 50K USDT worth of Bitcoin!
โฌ๏ธ 0.448 BTC added to the treasury at an average price of 111,607 USDT.
Another Bitcoin buy aligned with the mission and built for the future!
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๐ข MetFi DAO just bought 100K USDT worth of Solana!
โฌ๏ธ 496.28 SOL added to the treasury at an average price of 201.50 USDT.
Fresh Solana in the treasury and momentum on our side!
๐ฆ Treasury now holds a solid 24,789 $SOL
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