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Ondo Finance Hires Former Invesco ETF Head John Hoffman to Lead On-Chain Portfolio Business

Project Progress

2026-06-11 13:16:29

ONDO9.88%

According to CoinDesk, Ondo Finance announced the appointment of John Hoffman, former head of Invesco's ETF and index strategy business for the Americas and former Grayscale executive director, as managing director of portfolio business. Hoffman will oversee the development and distribution of tokenized portfolio products, including investment baskets created in collaboration with asset managers and strategies built around Ondo's existing offerings. The move signals Ondo Finance's expansion from single-asset tokenization—such as U.S. Treasury products and equity ETFs—toward comprehensive on-chain portfolio management services.

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GateUser-c2c16392

· 9h ago

1000x Vibes 🤑

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