Ondo Finance launched its Intelligent Portfolios on Solana, introducing seven tokenized investment portfolios that provide exposure to income, growth, and sector-specific strategies through a single token.
The product is available to eligible investors outside the United States. Each portfolio combines tokenized stocks and ETFs from Ondo Stocks, backed by traditional securities. Smart contracts manage allocations, periodic rebalancing, and fees according to predefined rules.
The offering includes three strategies developed by BlackRock for Ondo, alongside portfolios designed to generate income, invest in major technology companies, and provide exposure to the artificial intelligence sector.
Users can hold these tokens in their own wallets and transfer them around the clock. Portfolio holdings, their respective weights, and rebalancing activity can be viewed directly onchain.
Ondo Intelligent Portfolios made their debut on Ethereum and BNB Chain, where they surpassed $45 million in total value locked (TVL) during their first few weeks of trading.
The company also envisions compatible DeFi applications using these tokens as collateral for loans or incorporating them into other financial products. Ondo said it plans to introduce additional portfolios to expand the range of available strategies.
Source: Ondo
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