Ondo partners with BlackRock to develop tokenized Intelligent Portfolios

Ondo Finance and BlackRock are collaborating to launch seven tokenized model portfolios on September 24, 2026, specifically for non-US investors. These portfolios, categorized into high-income, diversified growth, and high-growth themes, represent baskets of traditional assets including stocks, bonds, and Bitcoin ETFs. By tokenizing these baskets, the initiative allows investors to hold positions on-chain, enabling 24/7 trading, instant settlement, and the ability to use tokens as collateral for borrowing. This development marks a significant evolution from single-security tokenization, such as the previous efforts involving BlackRock’s IVV ETF and Micron Technology shares. The system automates the purchase of underlying ETF shares while providing investors with a productive digital token. With BlackRock’s model portfolio business managing $9.8 trillion in assets as of June 2026, this partnership signals a major shift toward integrating mainstream asset management with blockchain infrastructure. The project highlights the technical complexity of managing on-chain rebalancing and multi-asset tracking, while also navigating the current regulatory landscape that restricts these offerings to non-US participants.