Ondo Finance Unveils 100+ Tokenized US Stocks on Ethereum, Ushering in 24/7 Equity Trading

Ondo Finance has launched over 100 tokenized versions of major US stocks and ETFs on the Ethereum blockchain, allowing global investors outside the US and UK to access and trade these equities around the clock. The initiative underscores the growing convergence between traditional finance and decentralized blockchain technology, offering new levels of accessibility, liquidity, and transparency.

Key Takeaways

• Ondo Finance tokenizes 100+ US securities on Ethereum.

• 24/7 trading and peer-to-peer transfers available for eligible non-US investors.

• Assets are backed by stocks and ETFs held with regulated US broker-dealers.

• Expansion to BNB Chain, Solana, and other networks planned.

• Legal and regulatory barriers keep US and UK residents excluded for now.

Bold Move Toward Blockchain-Based Equities

Ondo Finance's new platform, Ondo Global Markets, allows non-US and non-UK investors to access tokenized stocks such as Apple, Amazon, and Tesla, as well as popular ETFs. Backed by actual assets managed by US-registered broker-dealers, the tokens deliver economic exposure similar to owning the underlying stock directly. This approach offers a seamless blend of the reliability of regulated finance and the innovation of blockchain.

How Ondo's Tokenized Equities Work

Investors on the platform can mint, redeem, and trade these tokenized assets 24 hours a day, five days a week—a clear departure from the restricted hours of conventional US equity markets. The tokens can also be transferred peer-to-peer between wallets and across compatible exchanges and protocols, further enhancing liquidity and accessibility. Fractional ownership is enabled, making it possible for smaller investors to obtain exposure to high-value stocks.

Compliance and Infrastructure Focus

Ondo Finance emphasizes robust regulatory and custodial controls. Through its acquisition of Oasis Pro, which holds US broker-dealer and transfer agent licenses, Ondo ensures that every tokenized asset is fully backed and properly secured. While these licenses don't open the door for US participation, they provide a trusted framework for international investors. The assets are supported by major crypto wallets and exchanges, including Trust Wallet, OKX Wallet, Bitget, and Ledger, with decentralized price data provided by Chainlink.

Accelerating the Tokenization Trend

The launch comes as more crypto firms and financial institutions explore tokenized securities. Competitors such as Backed Finance and Robinhood have launched similar products, and the sector as a whole is expanding to more blockchains. Ondo's roadmap includes future support for BNB Chain, Solana, and the firm's own Ondo Chain, aiming to scale offerings to over 1,000 assets by year-end. Analysts predict significant growth potential, with industry reports estimating the total value of tokenized assets could reach trillions in the next decade.

Implications for Global Equity Markets

With this development, Ondo Finance positions itself at the forefront of efforts to democratize access to US equities and reshape how global investors interact with traditional securities. As the regulatory environment evolves and more assets become accessible through tokenization, the financial landscape may see a blend of legacy and decentralized models offering unprecedented options and efficiencies for investors worldwide.

Further Reading:

• Ondo debuts over 100 tokenized US stocks and ETFs on Ethereum, with BNB Chain and Solana support to follow |The Block, The Block.

• DeFi Protocol Ondo Finance Puts 100 Tokenized Stocks on Ethereum, Decrypt.

• Ondo Finance Bridges Traditional and DeFi Worlds with 24/7 Tokenized Stocks, AInvest.

• Tokenized Equity Product xStocks Launches on Ethereum, Cointelegraph.