Announcement • Sep 24, 2026 Introducing Ondo Intelligent Portfolios Read More

Eligible investors outside the United States are the main group that can see and use these portfolio tokens now, because the products were launched for that audience and are built as single onchain tokens. That means the access point is a wallet-based token rather than a traditional fund wrapper, and the portfolios carry economic exposure to baskets linked to BlackRock-developed strategies.

In practice, Ondo’s stock-token setup now includes both cash-funded issuance and an in-kind route for approved institutions. Before Sep. 21, the documents point to cash-funded flow; after that date, institutions could also contribute existing shares to mint Ondo Stocks or redeem tokens to receive the underlying shares and ETFs.

What remains open is how broadly these products will be used and how the rollout will expand beyond the initial launch terms. The July announcement said Ondo expected to extend the DTC-backed model as the DTCC Tokenization Service continues its planned rollout later in 2026, but the timing and scope of that extension are not given here.