Wall Street is entering its onchain era.
Ondo’s John Hoffman joined
@CNBC to discuss the launch of Ondo Intelligent Portfolios and what it signals for the future of global markets:
“From a $3 trillion industry to a $100 trillion technology that’s going to power global markets.”
First came tokenized stocks and ETFs. Now, Ondo Intelligent Portfolios combines them into onchain portfolios, each in a single token.
“For someone that spent 20 years in the ETF industry, this is kind of the SPY moment for onchain finance.”
The first three portfolios are based on portfolio strategies developed by BlackRock for Ondo.
They mark the beginning of a broader shift in how investment portfolios are built, delivered, and accessed onchain.