NEAR Intents Adds Ondo Portfolios to 1Click API

On November 5, 2026, NEAR Intents announced that its 1Click API now supports Ondo Intelligent Portfolios. This integration allows product developers to offer tokenized investment baskets through the same routing service used for cross-chain swaps.

The service lists several BlackRock-powered portfolios, including $BLKHIon, $BLKDIGon, and $BLKGRWon. Each token represents a single portfolio strategy developed by BlackRock and implemented on-chain by Ondo.

Ondo also added its own designed portfolios to the list: $MAG7Xon, $BRAINon, $YLD5on, and $YLD8on. These products are described as curated baskets of tokenized stocks and ETFs built on the Ondo Stocks platform.

A weighted basket of these instruments, together with any cash in transit, fully backs each token. Holders receive economic exposure to the basket rather than direct ownership of the underlying stocks or ETFs.

The tokens are issued by Ondo Global Markets (BVI) Limited under a bankruptcy-remote special purpose vehicle organized in the British Virgin Islands. They confer no shareholder voting rights or statutory information rights from the securities issuers.

BlackRock supplies portfolio strategies for the BlackRock-powered products, while Ondo handles on-chain implementation, basket trades, rebalancing, and minting and redemption operations.

Portfolio returns include price movements and reinvested income from the constituents. Dividends are reinvested into portfolio assets after applicable withholding taxes, and the portfolio token price reflects that reinvestment.

Holders receive that income through the value of their tokens rather than direct dividend payments from each company in the basket. Each portfolio charges an annual service fee that accrues daily in its value.

Ondo generally rebalances portfolios quarterly, though the model provider sets the approach and frequency for each portfolio. Holders need not submit a transaction for a rebalance, as Ondo adjusts the basket behind the token.

Direct minting and redemption generally run from 9:30 a.m. to 3:45 p.m. Eastern Time, closing 15 minutes before the regular 4:00 p.m. United States market close. Secondary-market trading can continue around the clock.

The portfolio tokens are currently available on Ethereum, BNB Chain, and Solana. The wider chain count in the NEAR Intents announcement covers its cross-chain execution service, which operates across more than 100 assets and tokenized stocks on more than 35 chains.

Access through the API remains subject to jurisdiction and investor eligibility. The 1Click documentation describes a routing and settlement API that requests market-maker quotes, constructs swaps, and tracks execution.

Assets move to a quote-specific deposit address and settle on-chain. The operator says 1Click does not take custody of them, and developers can now use that API to offer portfolio exposure, subject to the issuer's dealing rules.

Ondo's eligibility documentation states that buying a token on a secondary market does not automatically qualify its holder to mint or redeem directly with the issuer. Direct access requires Ondo Stocks know-your-customer onboarding and satisfaction of the applicable eligibility requirements.