Ondo Finance has appointed John Hoffman, previously Head of ETF and Index Strategy for the Americas at Invesco, as its new Managing Director of Portfolio Business. Hoffman will spearhead the development and distribution of tokenized portfolio products, including investment baskets co-developed with asset management firms. This strategic hire marks Ondo Finance's expansion from single-asset tokenization to comprehensive on-chain portfolio solutions, enhancing its offerings beyond Treasury token products like OUSG and USDY.