Trust Wallet Integrates Tokenized Stocks and ETFs Through Ondo Finance Partnership

Trust Wallet, owned by Changpeng Zhao, has integrated tokenized US stocks and ETFs through a partnership with Ondo Finance and 1inch. The integration allows for trading during US market hours, excluding users in the US, UK, and European Economic Area. Trust Wallet aims to promote financial accessibility and ownership freedom by combining self-custody wallet technology with real-world asset tokenization.

Trust Wallet, a leading self-custodial cryptocurrency wallet owned by Binance CEO Changpeng Zhao, has integrated tokenized US stocks and exchange-traded funds (ETFs) through a partnership with Ondo Finance and 1inch. This integration allows users to trade these assets during US market hours, with certain restrictions in place. The move aims to promote financial accessibility and ownership freedom by combining self-custody wallet technology with real-world asset tokenization.

The integration, initially available on Ethereum and Solana, enables users to access tokenized versions of assets like Tesla (TSLA), Apple (AAPL), and the QQQ ETF directly from their wallets without the need for traditional brokerage accounts or intermediaries. Users can swap stablecoins such as USDC for tokenized assets with a minimum investment of just $1 [1].

Trust Wallet CEO Eowyn Chen stated that integrating real-world assets (RWAs) into self-custodial wallets is an important step in making global finance more open and efficient. The collaboration with Ondo Finance and 1inch provides a practical path to tokenized market exposure while preserving issuer-based custody constraints [2].

However, the integration comes with certain restrictions. RWA trading is restricted in the United States, the United Kingdom, and the European Economic Area. Swaps will fail if initiated from these regions, reflecting compliance constraints and issuer policies. Additionally, RWA swaps follow US market hours: Monday to Friday, 1:30–8:00 pm UTC. Trust Wallet tracks off-hours interest for potential future features like 24/7 trading or limit orders, but live swapping is aligned with underlying market liquidity windows for now [2].

The integration of tokenized RWAs into self-custodial wallets marks a significant step in expanding financial inclusivity through blockchain technology. Trust Wallet aims to become a decentralized financial hub, bridging traditional markets and blockchain through self-custody solutions. The platform has 200 million users and continues to innovate to provide users with direct, secure access to a broad spectrum of crypto and Web3 opportunities [3].

References:
[1] https://cointelegraph.com/news/trust-wallet-rwa-tokenized-stocks-etf-ethereum-solana
[2] https://en.coinotag.com/trust-wallet-could-bring-tokenized-us-stocks-and-etfs-to-ethereum-and-solana-with-ondo-finance-1inch/
[3] https://www.ainvest.com/news/trust-wallet-democratizes-wall-street-wallet-2509/