Ondo Finance's ONDO token rallied more than 20% after introducing three onchain portfolios designed by BlackRock. The launch marks a significant expansion of institutional-grade investment products available directly on blockchain infrastructure.
Broader altcoin markets are seeing increased buying interest as Bitcoin maintains support near $84,000. Concurrently, U.S. Treasury yields have climbed to 5.11%, highlighting shifting macro conditions alongside crypto market activity.
ONDO Surges 20% Following Launch of BlackRock-Designed Onchain Portfolios
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