As you may know, Ondo partnered with BlackRock to launch Intelligent Portfolios, taking RWAs to the next level. Instead of tokenizing individual stocks, they’re now tokenizing entire investment strategies. Here’s what each portfolio looks like: BLKHIon BlackRock High Income → 100% fixed income → High-yield bonds → Investment-grade bonds → Credit + securitized income → ~5.8% indicated yield BLKDIGon BlackRock Diversified Growth → ~43% US equities → ~18% international equities → ~8% tech → ~17% bonds → ~10% alternatives → ~3% Bitcoin BLKGRWon BlackRock High Growth → ~59% US equities → ~25% international equities → ~10% tech → ~5% Bitcoin Then Ondo gets more aggressive: MAG7Xon → 80% Magnificent 7 → 15% Bitcoin → 5% Ethereum BRAINon → AI stocks → Semiconductors → AI infrastructure → Data centers + power → AI thematic ETFs YLD8on → Preferred stocks → Covered-call ETFs → Corporate bonds → REITs → Targeting ~8% income YLD5on → Preferred stocks → Covered-call ETFs → Government + corporate bonds → REITs → Targeting ~5% income This is where RWAs start getting really interesting. We went from tokenizing dollars → Treasuries → stocks → ETFs. Now we’re tokenizing the portfolio itself. One token can represent an entire investment strategy, automatically rebalanced onchain. Eventually these portfolios could combine stocks, crypto, options, perps and even prediction markets. Wall Street is slowly becoming composable.
