TVL Milestone: $50M Reached After 67 Percent Six-Day Growth
Latest crypto news from the tokenization sector: Ondo Intelligent Portfolios have crossed $50 million in total value locked (TVL). The company says TVL grew by more than 67% in just six days. The update was posted on November 3, 2026.
The jump follows two launches. According to the official X post from Ondo Finance, all seven products are now live on Solana, and MAG7Xon now supports 24/7 minting and redemption.
Earlier milestones reported for the products included about $20M in the first month, then $30M+, and roughly $40M to $45M on Ethereum and BNB Chain before Solana arrived.
Why Solana and 24/7 Minting Matter for Token Liquidity
The Solana expansion was announced on October 29, 2026. Per the Solana launch post, the seven tokens now run on Ethereum, BNB Chain, and Solana.
Round-the-clock minting and redemption for MAG7Xon matter for pricing. According to the project, it improves arbitrage and pricing efficiency outside traditional market hours. It is a useful crypto update for anyone tracking tokenized stock exposure.
How Ondo Intelligent Portfolios Work as Single Onchain Tokens
Each product is one transferable token. Per the official docs, tickers end in "on," and each token is backed 1:1 by a basket of tokenized U.S. stocks and ETFs, plus any cash in transit.
Here are the key mechanics of Ondo Intelligent Portfolios:
Model strategies from BlackRock or the issuer set the target weights, and the issuer builds and runs the onchain baskets.
Smart contracts rebalance back to those weights about once a quarter.
Dividends and interest are reinvested automatically, after any withholding taxes.
Mints happen at target weights. Redemptions use the current weights, which may have drifted with the market.
The tokens can be sent peer to peer at any hour and kept in your own wallet.
Model strategies from BlackRock or the issuer set the target weights, and the issuer builds and runs the onchain baskets.
Smart contracts rebalance back to those weights about once a quarter.
Dividends and interest are reinvested automatically, after any withholding taxes.
Mints happen at target weights. Redemptions use the current weights, which may have drifted with the market.
The tokens can be sent peer to peer at any hour and kept in your own wallet.
Holdings, weights, and rebalances stay visible on-chain in real time. That openness is a core pitch of RWA tokenization products.
Seven Portfolios Across Income, Growth, and Thematic Baskets
The lineup has seven tokens, all listed on the product page.
Category
Ticker
Model by
Income
BLKHIon
BlackRock
Income
YLD5on, YLD8on
Issuer
Growth
BLKDIGon, BLKGRWon
BlackRock
Thematic
MAG7Xon, BRAINon
Issuer
MAG7Xon pairs tokenized stocks with crypto exposure, such as a Bitcoin ETF. BRAINon focuses on AI leaders.
BlackRock’s role is limited. It supplies nondiscretionary model strategies based on the issuer’s specifications. It does not manage, advise, or select assets for the on-chain baskets, and it owes no fiduciary duty to token holders.
Access Rules, Risks, and the Bigger Picture for Tokenization
Access is limited to eligible non-U.S. persons in permitted jurisdictions. Extra limits apply in places such as the UK, Switzerland, and Singapore. The tokens are not available to U.S. persons.
The tokens are not ETFs, mutual funds, or tokenized funds. Holders get economic exposure only, with no claim on the underlying securities, and loss of principal is possible. Live holdings, yields, and fees appear in the official app.
In short, Ondo Intelligent Portfolios now hold over $50M in TVL after six days of fast growth. The numbers look strong, but access is restricted and the tokens can still lose value.
Disclaimer: This article is for educational and informational purposes only and should not be considered financial or investment advice. Always conduct your own research before making investment decisions.
About the Author Nikhil Vishwakarma
English News Writer at coingabbar.com
Nikhil Vishwakarma is an English news writer and crypto content writer associated with CoinGabbar. His work focuses on cryptocurrency news, blockchain technology, digital assets, and emerging Web3 trends. He writes about Bitcoin, altcoins, memecoins, AI coins, decentralized finance, tokenomics, and new blockchain projects. His content aims to make complex crypto topics easier to understand through clear explanations, relevant research, and reader-focused insights. By following developments in the cryptocurrency industry, he strives to help readers stay informed about market trends, understand new technologies, and recognize the risks associated with digital assets.
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