KEY TAKEAWAYS
- Ondo Finance launches Ondo Global Markets, offering non-U.S. investors 24/7 access to tokenized U.S. stocks and ETFs.
- The platform supports over 100 tokenized equities, with plans to expand to more than 1,000 by year-end, initially available on Ethereum.
- Ondo Global Markets ensures investor protection with daily third-party reserve verification and a structure for bankruptcy remoteness.
- Future developments include the launch of Ondo Chain, enhancing the use of tokenized stocks in institutional-grade real-world assets.
Ondo Finance has announced the launch of Ondo Global Markets, a platform offering non-U.S. investors 24/7 access to tokenized U.S. stocks, ETFs, and other securities. This initiative aims to combine the benefits of traditional markets with blockchain technology, providing liquidity and institutional-grade protections.
Non-U.S. investors can now trade tokenized versions of over 100 U.S. stocks and ETFs, with plans to expand to more than 1,000 by the end of the year. This marks the largest launch of tokenized equities to date. The tokenized stocks are initially available on Ethereum, with future support planned for BNB Chain, Solana, Ondo Chain, and others. Major wallets and exchanges, including Bitget Wallet, Trust Wallet, and OKX Wallet, support these assets.
How Ondo Global Markets Enhances Financial Access
The platform offers a broad selection of assets, including NYSE and NASDAQ-listed securities, and ensures that tokenized stocks are fully backed by U.S. stocks and ETFs held by U.S.-registered broker-dealers. This setup allows for instant minting, redemption, and transfer of tokens, aligning with market hours for liquidity.
Ondo tokenized stocks are designed to inherit the liquidity of their underlying securities, minimizing slippage during transactions. The platform also integrates seamlessly with DeFi protocols, enabling lending and borrowing using these tokenized assets.
Institutional-Grade Protections and Future Plans
Ondo Global Markets emphasizes investor protection through daily third-party verification of reserves and a structure designed for bankruptcy remoteness. A Security Agent holds a first-priority security interest in the underlying assets for tokenholders’ benefit.
The platform also offers developer-friendly APIs, allowing integration into various financial applications. Future developments include the launch of Ondo Chain, a blockchain designed for institutional-grade real-world assets, which will further expand the use cases for Ondo tokenized stocks.
For more detailed information, visit the Ondo Global Markets support docs here.
Why This Matters: Impact, Industry Trends & Expert Insights
Ondo Finance has launched Ondo Global Markets, a platform enabling non-U.S. investors to access tokenized U.S. stocks and ETFs, offering 24/7 trading and integrating with DeFi protocols.
Recent industry reports indicate a growing trend of expanding global regulatory clarity and increasing institutional participation in tokenized securities. This aligns with Ondo’s launch, which offers broad market access and liquidity to non-U.S. investors, reflecting the broader acceptance and integration of blockchain technology in financial markets.
As per insights from a Finance Magnates report, tokenized U.S. stocks are recognized as a transformative innovation for global investors, offering benefits like 24/7 trading and fractional ownership. This supports Ondo’s initiative to democratize access to U.S. capital markets and integrate with DeFi ecosystems, highlighting the potential for enhanced financial accessibility worldwide.
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