Key Highlights
- Ondo Finance introduced three blockchain-based portfolio tokens utilizing BlackRock model portfolio frameworks.
- The newly launched tokens include BLKHIon, BLKDIGon, and BLKGRWon, representing income, diversified growth, and high growth investment approaches.
- ONDO token climbed more than 16% to approximately $0.48, marking a 37% increase over seven days.
- These investment products are exclusively accessible to qualified non-U.S. investors in approved regions.
- The product debut occurs amid an ongoing legal battle regarding company leadership following the passing of founder Nathan Allman.
Ondo Finance introduced three blockchain-based portfolio products on Thursday, utilizing investment strategies crafted by BlackRock. This release represents part of a broader initiative involving seven tokenized model portfolios.
The newly unveiled tokens are designated as Ondo High Income Powered by BlackRock (BLKHIon), Ondo Diversified Growth Powered by BlackRock (BLKDIGon), and Ondo High Growth Powered by BlackRock (BLKGRWon). Each token corresponds to a distinct investment approach.
JUST IN: BlackRock is bringing investment portfolios ONCHAIN, per WSJ.
Three BlackRock strategies holding stock, bond and Bitcoin ETFs will be tokenized by Ondo Finance.
The tokenization will give non-U.S. investors 24/7 trading, transfers and the ability to borrow against… pic.twitter.com/4UQj0uVADg
— Coin Bureau (@coinbureau) September 24, 2026
These investment vehicles contain various asset classes. The composition varies by strategy and may encompass equities, fixed income securities, and Bitcoin exchange-traded funds.
Mechanics Behind The Tokenized Investment Products
Participants are not required to purchase individual assets. Rather, they create or redeem a singular token representing the entire asset collection.
According to Ondo, all asset compositions, allocation percentages, and portfolio adjustments are transparently recorded on the blockchain. This transparency allows anyone to inspect portfolio contents in real-time.
These tokens possess transferability across digital wallets, cryptocurrency exchanges, and decentralized finance platforms. This functionality enables continuous trading around the clock, contrasting with conventional investment vehicles.
Currently, these offerings are restricted to qualified investors situated beyond United States borders. Participants must additionally reside within approved regulatory jurisdictions.
BlackRock’s participation in this collaboration is confined to specific functions. The financial giant solely supplies the model portfolio frameworks based on requirements outlined by Ondo.
BlackRock does not oversee the blockchain-based tokens themselves. The company is not involved in token creation, safekeeping, or routine management activities.
Ian De Bode, Ondo Finance’s Acting CEO, stated the portfolios offer investors an innovative method to gain exposure to diversified investment approaches via a single digital asset. Lisa O’Connor from BlackRock remarked that this partnership demonstrates how established portfolio methodologies can transition to contemporary technological infrastructure.
Ondo’s Expanding Tokenization Efforts
This collaboration marks another milestone in Ondo’s partnerships with established financial institutions. Recently, the platform joined forces with Near Protocol to introduce tokenized equities and exchange-traded funds, featuring companies like Tesla, Nvidia, Apple, alongside QQQ investment products.
Ondo Stocks achieved $1 billion in total value locked just eight months after its introduction. The platform previously transferred $95 million worth of OUSG holdings into BlackRock’s BUIDL fund.
BlackRock has been actively expanding its blockchain tokenization initiatives throughout this year. Last August, the asset management giant unveiled two tokenized money market instruments targeting stablecoin reserve applications.
The ONDO token experienced significant upward movement following the announcement. Current trading activity shows the token near $0.48, reflecting a daily increase exceeding 16%.
Throughout the previous week, ONDO recorded gains surpassing 37%. Since the beginning of the year, the token has appreciated over 33%.
This price appreciation occurred despite broader cryptocurrency market declines. Bitcoin experienced a downturn to $83,000 during the identical 24-hour timeframe.
The product launch unfolds against the backdrop of continuing legal proceedings at Ondo Finance. Kathleen Allman, mother of deceased founder Nathan Allman, is pursuing company control and requesting the dismissal of De Bode from his CEO position, claiming he assumed leadership without proper board authorization. De Bode has dismissed these allegations as unfounded.
The post Ondo Finance (ONDO) Surges 16% on BlackRock Tokenized Portfolio Collaboration appeared first on Blockonomi.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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