Ondo and BlackRock partner on tokenized Intelligent Portfolios

Ondo Finance and BlackRock are extending their existing collaboration into managed portfolio products, partnering to develop tokenized Intelligent Portfolios — curated onchain baskets of tokenized assets. The deal, reported by the WSJ, moves the two firms beyond single-asset tokenization into actively composed, managed coin baskets. No details on which assets will be included, fund size, or a launch timeline were disclosed in the initial announcement.