Ondo Smart Portfolio Launches on Solana, Featuring Three BlackRock Strategy Portfolios
October 29: Ondo Finance announced that Intelligent Portfolios have launched on Solana, available to eligible non-U.S. investors. The seven portfolios are offered as single, on-chain transferable tokens, covering yield, growth, and thematic exposures. Three of them are based on strategies developed by BlackRock for Ondo—high-yield BLKHIon, high-growth BLKGRWon, and diversified growth BLKDIGon—while the remaining four are designed by Ondo, including MAG7Xon, BRAINon, YLD5on, and YLD8on.
About four weeks after launch, the total value locked in the related portfolios on Ethereum and BNB Chain has exceeded $40 million. Ondo stated that its tokenized assets on Solana have surpassed $500 million in locked value, with portfolio holdings visible and programmatically rebalanced, so investors do not need to manage a basket of underlying assets themselves.