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Ondo token jumps 24% after BlackRock-backed tokenized portfolios launch

Market News
24 Sep 2026
Finbold
View Source
Bullish
Ondo token jumps 24% after BlackRock-backed tokenized portfolios launch

Ondo Finance's governance token, ONDO, surged 24.19% following a partnership announcement with BlackRock. The collaboration introduced Ondo Intelligent Portfolios, offering tokenized multi-asset investment portfolios developed by BlackRock, aimed at non-US investors. Ondo's real-world asset tokenization has grown to over $3.8 billion, with a 92% price increase over six months and a market cap of $2.5 billion. This partnership positions Ondo to benefit from increased tokenization amid clearer crypto regulations.

BlackRock, with a market cap of $164.30 billion and a dividend yield of 2.16%, saw its stock rise 0.65% on Pluang as of Sep 25, 2026 01:01 WIB. The article highlights Ondo Finance's ONDO token rallying 24.19% after partnering with BlackRock, a move that may increase interest in tokenized multi-asset portfolios. BlackRock's strong market presence and steady investor demand, shown by 100% buy order activity on Pluang, provide a solid backdrop for this collaboration.

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