Ondo to develop BlackRock-linked tokenized portfolios for RWA expansion

RWA tokenization platform Ondo is moving to develop on-chain "Intelligent Portfolios" products with global asset manager BlackRock, expanding beyond its existing OUSG, which is based on BUIDL, and its tokenized U.S. stock issuance structure. The key feature is a basket-style tokenized product for stocks, bonds and crypto assets built on BlackRock portfolio models.