Ondo Launches 7 Tokenized Portfolios on Solana After Assets Locked Exceed $45 Million
Key Facts
Ondo Finance announced on October 29, 2026, that it had made 7 investment portfolios available on the Solana network, expanding its product to a new network. The company said the portfolios are available to eligible investors outside the United States and in permitted jurisdictions. Each portfolio combines multiple assets in a single token, allowing investors to gain exposure to a specific strategy through that token. The lineup includes income and growth options, as well as portfolios focused on investment themes. They include an AI Leaders portfolio and a portfolio combining the Magnificent Seven and crypto assets, according to Ondo’s list.
Ondo said the portfolios had exceeded $45 million in total value locked during their first weeks of trading on Ethereum and BNB Chain. In a separate statement via PR Newswire, the company described the value as having exceeded $40 million during the first four weeks, while saying value locked across its tokenized assets on Solana had surpassed $500 million at the time of the announcement. The wording of the first two figures and the periods specified for them differ between the company’s blog and its press release: the former cites $45 million after the first weeks, while the latter specifies more than $40 million within four weeks. The $500 million figure, meanwhile, refers to Ondo’s tokenized assets on Solana overall, not the seven portfolios alone. These figures provide a picture of the value of assets locked that the company reported before making the portfolios available on the new network.
Asset allocation, rebalancing and fee rules are executed through smart contracts, according to Ondo. The company says rebalancing follows predefined rules and a set schedule, with portfolio components managed according to their associated strategy. Holdings, weights and rebalancing transactions are also visible on-chain, allowing users to view portfolio components and changes to them. Investors can hold a single portfolio token or use it in decentralized finance applications that support it, according to the company. Ondo says the tokens can be transferred between individuals around the clock, subject to investor eligibility and jurisdiction.
3 of the 7 portfolios are based on model strategies provided by BlackRock, while Ondo designed the other four. The portfolios linked to BlackRock models include high-income, high-growth and diversified-growth portfolios, according to the product launch announcement. Ondo first launched its Smart Portfolios on September 24, 2026, initially offering three portfolios based on those strategies. But the link to BlackRock models does not mean the company manages the portfolios or selects their assets. Disclosures state that BlackRock’s role is limited to providing non-discretionary model strategies, without managing the portfolios or exercising discretion over them.
The launch of the portfolios on Solana extends Ondo’s tokenized products on the network, which include investment assets that can be grouped into specific strategies. Company figures show that the portfolios had generated locked value on Ethereum and BNB Chain before becoming available on Solana, while Ondo’s tokenized assets on Solana had exceeded $500 million at the time of the announcement. The single-token structure combines several assets into one investment exposure, while keeping holdings and weights visible on-chain, according to the company. Composability may also allow portfolio tokens to be used in other financial applications that support them. Ondo cited, for example, using a portfolio token as collateral in a supported lending market or including it in a savings product.
Ondo said additional portfolios are planned over time to expand the range of strategies available, without specifying a launch date. When it introduced the product in September, the company said its future plans could include other asset classes, but the Solana announcement did not specify a date or confirm the addition of those classes. The announced launch is limited to the existing seven portfolios, including the four designed by Ondo. Availability remains subject to investor eligibility and permitted jurisdiction, with the United States excluded. The company did not provide a timeline for subsequent portfolios in its launch announcement.