Ondo Rallies Following Launch of BlackRock-Strategy Portfolios

Ondo (ONDO) surged by approximately 25% following the introduction of 'Ondo Intelligent Portfolios,' a new range of tokenized products. These portfolios utilize allocation strategies developed by BlackRock, though BlackRock does not manage the products or issue assets on-chain. The launch has driven interest in the real-world asset (RWA) sector, while other assets like Quant, Litecoin, and Ethena also saw gains, signaling a rotation into specific sectors rather than a broad altseason.