🚨Ondo Finance's BlackRock-Linked Tokenized Portfolios Send ONDO Up 22%
$ALEO
· The catalyst: Ondo Finance launched Intelligent Portfolios—three tokenized products (BLKHIon, BLKDIGon, BLKGRWon) built on BlackRock-designed model strategies.
· The appeal: Non-US investors get BlackRock-style portfolios as single on-chain tokens—trading 24/7, settling instantly, and usable as DeFi collateral.
· The rally: ONDO jumped over 22%, breaking above $0.51, with open interest climbing to about $292.6 million.
· The catch: BlackRock only provided the nondiscretionary model strategies. It does not manage the portfolios, handle tokenization, or run operations—Ondo controls all the technical and operational side.
$ALEO
· The catalyst: Ondo Finance launched Intelligent Portfolios—three tokenized products (BLKHIon, BLKDIGon, BLKGRWon) built on BlackRock-designed model strategies.
· The appeal: Non-US investors get BlackRock-style portfolios as single on-chain tokens—trading 24/7, settling instantly, and usable as DeFi collateral.
· The rally: ONDO jumped over 22%, breaking above $0.51, with open interest climbing to about $292.6 million.
· The catch: BlackRock only provided the nondiscretionary model strategies. It does not manage the portfolios, handle tokenization, or run operations—Ondo controls all the technical and operational side.
