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Ondo Portfolios Expand to Solana

source-logo  cryptonews.net 2 h
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Ekaterina Bogatyreva

Ondo Finance, a platform focused on tokenized real-world assets, has launched its Ondo Intelligent Portfolios on Solana. All seven investment portfolios are now available to eligible investors outside the U.S. through Solana wallets and applications.

Ondo Intelligent Portfolios combine multiple assets into a single onchain token. Each portfolio follows a specific investment strategy and is automatically rebalanced. Since launch, the products have attracted more than $40 million in total value locked across Ethereum and BNB Chain.

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Three portfolios use investment strategies developed by BlackRock, the world’s largest asset manager. The other four were designed by Ondo and focus on areas such as major technology companies, artificial intelligence, and income-generating assets.

The expansion comes as Solana becomes an important network for tokenized stocks. More than 1.6 million addresses already hold tokenized equities on the blockchain. Ondo itself has over $500 million in tokenized assets on Solana, including hundreds of tokenized U.S. stocks and ETFs.

Image: Magnific