**[BlackRock Partners with Ondo to Launch Tokenized Investment Portfolios]** Odaily Planet Daily reports that BlackRock has partnered with Ondo Finance to launch Intelligent Portfolios, which package professionally constructed, comprehensive investment strategies into single on-chain tokens. BlackRock has designed three portfolios for Ondo, focusing on high yield, diversified growth, and high growth. Investors can gain exposure to an entire portfolio by holding a single token, without the need to individually purchase and rebalance the underlying assets. Unlike the tokenization of individual stocks, bonds, or funds, this model further brings entire portfolios and asset allocation strategies on-chain. The related tokens can be transferred between wallets and platforms in the future and may be used for collateralized lending or integrated into other on-chain financial products. Pantera has summarized this trend as an evolution from "single securities" to "on-chain portfolios." Lisa O'Connor, Global Head of Model Portfolio Solutions at BlackRock, stated that tokenization is creating new ways to deliver portfolio strategies through digital infrastructure. According to Broadridge data, as of June this year, the asset size managed by traditional model portfolios was approximately $9.8 trillion. (CoinDesk)