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.
“Tokenization 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.” - Lisa O’Connor, 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:
→ Programmatic rebalancing
→ Full composability with DeFi
→ Complete transparency onchain
→ 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.
JUST IN: 🇨🇦 Canada's six biggest banks launch joint tokenized deposits project to enable 24/7 blockchain-based payments.
• Bank of Montreal
• Royal Bank of Canada
• Toronto-Dominion Bank
• The Bank of Nova Scotia
• National Bank of Canada
• Canadian Imperial Bank of Commerce
Democrats asked for major crypto holders to disclose their stakes and report sales to the SEC and the public. It’s in the Clarity Act.
Democrats voted against the same disclosure rules they wrote.
🚨JUST IN: Apple hints at adding stablecoin support, potentially allowing CRYPTO payments via Apple Pay.
Apple posted a job listing requiring stablecoin expertise for payment roles, offering up to $280,000.
This follows Samsung’s plans to introduce the same feature to Samsung Wallet.
Together, Apple and Samsung have more than 3.5 BILLION active devices worldwide.
🚨NEW: The @CFTC has submitted its crypto rulemaking to the White House for review.
The proposed rule is titled “Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets.”
It comes just two days after @ChairmanSelig said the agency was “locked in and ready to ship rules” following the Senate’s failure to advance crypto market structure legislation.
With CLARITY stalled, I expect the SEC, CFTC, and Treasury to advance rules under existing law, banks to expand Bitcoin custody and loans against it, and more capital to favor Bitcoin and digital credit. GENIUS supports stablecoin adoption. Progress need not wait for Congress.