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.
JJ Gabriel asking to leave the club has to be the final straw! The way the club is being run in to the ground is embarrassing and now we're losing a player they've told is generational. GLAZERS OUT
Non-residents who spend millions of dollars on NYC apartments help drive NYC’s economy. Most of the profit in condominium development is in the penthouses. The Ken Griffins of the world make NYC high end development viable, driving high-paying construction, brokerage, legal, marketing, and other jobs in NYC. We should be applauding Ken for spending $238 million in NYC, not attacking him for doing so.
Importantly, non-resident owners of NYC apartments who leave their apartments vacant for much of the year are not a burden to NYC schools, services, or other resources while they drive growth in retail sales, restaurants, theater, and other important drivers of our economy. They also often support NYC non-profits with donations.
Ken’s company is a major employer in NYC of very high paying jobs which drive a considerable amount of our tax base. We wouldn’t want him to move even more employees to Miami.
These non-resident owners also already pay a lot of taxes including mansion taxes, real estate taxes, sales taxes and more.
While @NYCMayor Mamdani likes the tag line ‘Tax the rich.’ Unfortunately, his policies will harm the constituencies he is supposedly trying to help.
I can’t imagine the NYC construction unions are excited about his plan.
The Dutch have come up with a new progressive tax: it’s called the “Unrealized Future Earnings of Spermatozoa Tax.” Given that a man’s ejaculate contains 250,000,000 spermatozoa, each of which could become a future citizen, they will preemptively tax you 1% of the potential future earnings of 2.5 million of your potential descendants. If you end up never producing a child, STFU and pay.
🚨 HOLY CRAP! Scott Bessent just PUMMELED Gavin Newsom in Davos
"He's here this week with his billionaire sugar daddy, Alex Soros!" 🔥
"I think it's very, very ironic that Newsom — who strikes me as Patrick Bateman meets Sparkle Beach Ben — may be the only Californian who knows less about economics than Kamala Harris!"
BOOM!
We don’t know what the New York Times is. But it isn’t a newspaper…
How long does it take to find out if there is anything happening in Iran during what may turn out to be a revolution?
Let’s find out, shall we? Here is how long it takes to get to a story from “Today’s Paper”:
I cannot wait to visit Tehran.
Persia is of our world’s greatest cultures. Iran has been almost half a century under this oppressive theocracy.
Wishing you all every success. Good luck out there.
I do not understand the lack of our coverage here. But we still hear you.
LFG.
🚨 HOLY CRAP! This might just be the most EPIC Trump post of all time
Trump posted a video of Maduro CHALLENGING 47 to “come get me,” followed up by a screaming Bald Eagle & Thunderstruck blaring in the background during missile fire 🇺🇸🦅
Trump said “challenge accepted” 🤣🔥
And PSA for everyone saying this was "illegal":
Maduro has multiple indictments in the United States for narcoterrorism. You don't get to avoid justice for drug trafficking in the United States because you live in a palace in Caracas.
Said it before and will say it again. The only way back for United is new owners and a complete reset. This plan to keep papering the cracks will always lead us back to nights like tonight
🚨 BREAKING: CDC reverses 30 years of denial.
The CDC website admits the claim “Vaccines do NOT cause autism” was never evidence-based.
Studies have NOT ruled out infant vaccines as a cause of autism.
Evidence has been ignored.
HHS has opened a full investigation into biologic mechanisms and causal links.
This is the biggest public health reversal of our lifetime.
And it confirms what parents have been shouting for decades.