Market News

US Investors Gain Access to Ethereum-Based Tokenized Stocks via Ondo

Ondo Finance has launched its new tokenized equity platform, Ondo Global Markets, expanding investor access to U.S. stocks and ETFs through blockchain technology.

This service allows non-U.S. investors to trade over 100 tokenized equities, including well-known names like Apple and Nvidia, on the Ethereum network.

The platform is designed for users in regions such as Asia-Pacific, Europe, Africa, and Latin America, enabling them to mint and redeem shares around the clock.

Importantly, this tokenized offering is not available to U.S. investors, reflecting ongoing regulatory complexities within the domestic market.

The tokens can be transferred freely among wallets, exchanges, and decentralized finance protocols, promoting liquidity and flexibility for global users.

To enhance its infrastructure, Ondo has partnered with firms like BitGo and Chainlink, ensuring a robust backbone for its tokenization endeavors.

The company aims to expand its offerings to over 1,000 assets by the end of the year and is exploring interoperability with other blockchains, including Solana and BNB Chain.

This initiative aligns with a broader trend of tokenizing real-world assets in the crypto space, as more platforms seek to integrate traditional equity into decentralized systems.

Despite criticisms surrounding shareholder rights and regulatory challenges in tokenized equities, the momentum for innovative financial products continues to grow.

As institutional interest in crypto assets remains high, Ondo’s rollout represents a significant step towards bridging traditional finance and the blockchain realm.