BlackRock just designed three portfolios for ONDO, and every rebalance in them is visible onchain.
Great for trust, but visible flow is exactly what gets front-run in crypto.
That's the part most people skip, and
$NEAR is building straight into it.
Even Ondo says institutional trading needs infrastructure that's fast AND private enough. So where does that privacy actually come from?
Zcash already solved half of the problem. Shielded
$ZEC hides the sender, the receiver and the amount.
But the moment you buy, swap or move size on a public chain, the trade itself is out in the open again.
That's the half NEAR goes after.
On
near.com you flip on Confidential Mode and the swap runs on a private shard with no public mempool and no explorer, so your amounts and route never hit the public record.
Confidential TVL just passed $70M, so this isn't a roadmap slide anymore.
And the assets are already there. Shards(
$SHARDS), a launchpad on NEAR, lets you pay in NEAR for ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3 tokens tracking NVIDIA, the S&P 500 or BlackRock's iShares Treasury ETFs, with ZEC sitting on the same list.
Meme launchpad, Wall Street and a privacy coin in one app.
Now picture who needs this most: an AI agent managing money, or a fund rebalancing tokenized portfolios. Neither can trade in public without every bot reading the move first.
That's exactly who NEAR pitches Confidential Intents at, and NEAR AI already plugged USDC into it for its Agent Market.
It's also why NEAR's shards are more than a TPS slide. Public shards carry the traffic, each with its own fee market, and the private shard is a separate lane for confidential execution.
The ZEC link isn't forced either. Zcash's own wallet runs its swaps on NEAR Intents, and $1.5B+ of ZEC has already moved through them.
ZEC is the vault, NEAR is the door.
The honest part:
- it's confidentiality, not anonymity, entries and exits can still be matched by timing and size
- the private shard runs on 7 permissioned validators and TEE trust, not ZK proofs
- 1M TPS was a lab benchmark, real sustained load is around 4K TPS
Wall Street put its assets onchain, then its portfolios. Privacy is next, and on NEAR that lane already exists.
Introducing Ondo Intelligent Portfolios, the first three portfolios powered by BlackRock.
Ondo Intelligent Portfolios introduces a new onchain product category: curated investment portfolios delivered as single onchain transferable tokens.
The first three portfolios are based on portfolio strategies developed by BlackRock for Ondo, marking the first time eligible onchain investors can access exposure to such strategies through a single token.
1. BLKHIon: Ondo High Income Powered by BlackRock
2. BLKDIGon: Ondo Diversified Growth Powered by BlackRock
3. BLKGRWon: Ondo High Growth Powered by BlackRock
Diversified, professionally constructed strategies have historically required brokerage accounts and traditional fund structures. Now, delivered as peer-to-peer transferable tokens from Ondo, these onchain portfolios become accessible to eligible non-US investors in permitted jurisdictions through the wallets, exchanges, and DeFi applications they already use.
“Tokenization creates new ways for portfolio strategies to be delivered through digital infrastructure. Diversified portfolio strategies can be incorporated into tokenized investment products, enabling eligible investors to access diversified allocations through a single instrument. It shows how established portfolio construction approaches can be delivered through new channels and technologies.” - Lisa O’Connor, Global Head of the Model Portfolio Solutions team and Co-CIO for Global Solutions within the Multi-Asset Strategies group at BlackRock
Ondo Intelligent Portfolios can unlock novel capabilities:
→ Programmatic rebalancing
→ Full composability with DeFi
→ Complete transparency onchain
→ Multiple asset classes in a single token
This is just the start for Ondo Intelligent Portfolios. The infrastructure is now in place for leading financial institutions to bring their asset allocation expertise onchain.