According to CoinMeta, Blackstone Group is advancing its tokenization investment plan and is expected to launch smart portfolios in collaboration with Ondo Finance. These portfolios will package professionally constructed investment strategies into a single token on the blockchain. The portfolios will combine different assets and focus on high-yield, diversified growth, and high-growth strategies. Investors will be able to hold a token that represents the entire portfolio, without the need to purchase and rebalance the underlying investments separately. Lisa O, the head of Blackstone's Global Model Portfolio Solutions, stated that tokenization of investment strategies provides a new way to deliver them through digital infrastructure.