ONDO Hits 2026 High Amidst BlackRock-Linked Portfolio Launch

ONDO surged nearly 88% between September 16 and 28, reaching a 2026 high following the launch of three tokenized portfolios featuring strategies designed by BlackRock. While the new products, which launched on September 24, contributed to a 26% single-day price increase, the report clarifies that BlackRock does not manage, issue, or custody these portfolios. The products are intended for eligible non-U.S. investors and do not require ownership of the ONDO token for participation. Ondo currently ranks second in the RWA sector with approximately $3.9 billion in on-chain assets.