BlackRock Just Put Its Portfolios Onchain — Ondo's Tokenization Buffet Is Now Open 🥂
BlackRock, the world's largest asset manager, has partnered with tokenization platform Ondo Finance to launch three investment portfolios onchain, according to a Wall Street Journal report. The portfolios, branded as "Intelligent Portfolios," are built around BlackRock-developed strategies covering high growth, diversified growth, and high income, and hold a mix of stocks, bonds, and Bitcoin ETFs depending on the investor's profile. Eligible investors outside the U.S. can access the products through Ondo's infrastructure, where single transferable tokens represent each portfolio.
The launch extends Ondo's tokenization platform beyond individual assets into diversified investment products and forms part of Ondo's broader rollout of seven tokenized model portfolios. Ondo will issue tokens tracking each portfolio's performance, with self-executing software buying shares in the underlying assets once investors purchase the digital tokens. "Ondo Intelligent Portfolios introduces a new onchain product category: curated investment portfolios delivered as single onchain transferable tokens," Ondo Finance said in a September 24, 2026 post on X. BlackRock's move marks its latest tokenization push, following the launch last month of two tokenized money market funds designed as GENIUS-Act-compliant reserve assets for stablecoin issuers.
The $ONDO token responded to the news with a daily gain of more than 23%, trading around $0.508 and breaking above the $0.4547 resistance level that had capped the token since the start of the year. The next technical hurdle sits near $0.5207, a ceiling on prior attempts to move higher. Aggregated Open Interest climbed to roughly $292.6 million, described in market data as its highest level, while the funding rate moved firmly positive to around 0.0172, indicating increased speculative positioning alongside the breakout. A daily close above $0.52 would confirm a breakout from the current resistance range, while the $0.45 level remains key support.
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