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Ondo Finance launches BlackRock-backed tokenized portfolios
Ondo Finance has launched a new category of onchain products called ‘Ondo Intelligent Portfolios’. These products consist of three transferable peer-to-peer tokens based on investment strategies developed by BlackRock specifically for Ondo.
The three launched strategies are BLKHIon (Ondo High Income Powered by BlackRock), BLKDIGon (Ondo Diversified Growth Powered by BlackRock), and BLKGRWon (Ondo High Growth Powered by BlackRock). These tokenized offerings allow eligible non-US investors in authorized jurisdictions to access diversified strategies via wallets, exchanges, and DeFi applications without the need for manual rebalancing.
In a separate industry development, Slovenian technology firm Space Labs secured a $50 million investment from Windsor Capital to scale its infrastructure for connecting blockchain applications with traditional economic frameworks.