Ethereum News Today: Ondo Lets Global Investors Trade U.S. Stocks as Ethereum Tokens

Ondo Finance has launched its tokenized equity platform, Ondo Global Markets, enabling non-U.S. investors to access over 100 U.S. stocks and ETFs on the Ethereum blockchain. This move aligns the firm with other platforms such as Robinhood, Gemini, and Kraken, which have similarly introduced on-chain versions of stocks as the tokenization trend gains momentum. Ondo’s platform allows investors in the Asia-Pacific, Europe, Africa, and Latin America to mint and redeem shares at any time during trading hours, with access to underlying exchange liquidity. The tokens are designed to be transferable across wallets, exchanges, and decentralized finance (DeFi) protocols, enhancing their utility within the blockchain ecosystem. The firm has partnered with infrastructure providers including BitGo, Ledger, Chainlink, and others to support the rollout.

The firm plans to expand its offering to over 1,000 assets by the end of 2025 and intends to bring the service to additional blockchains such as Solana and BNB Chain, leveraging LayerZero for interoperability. Ondo Global Markets is backed by U.S.-registered broker-dealers and is designed to provide seamless access to traditional market liquidity, distinguishing itself from other tokenized stock offerings that may suffer from low liquidity or restricted transferability. According to Ondo Finance CEO Nathan Allman, the platform is building on the precedent set by stablecoins in bringing the U.S. dollar on-chain, now extending this capability to U.S. securities.

Tokenization of real-world assets (RWAs) is rapidly advancing, with projects bringing treasuries, private credit, and now equities onto blockchains. This trend is driven by the potential to enhance access and liquidity in financial markets. Ondo’s offering is supported by leading crypto wallets, exchanges, and infrastructure providers, including Trust Wallet, OKX Wallet, Bitget Wallet, and 1inch, which has updated its Swap API to enable access to these tokenized assets. The platform’s design also allows for permissionless integrations, enabling stakeholders to take part in decision-making and expanding the utility of the tokenized assets.

In addition to Ethereum, Ondo plans to expand its blockchain support to BNB Chain and Solana. The company has also integrated with Block Street, a startup aiming to provide institutional-grade liquidity solutions for tokenized securities. Block Street enables users to borrow tokenized stocks using USDT and vice versa, enhancing the functionality of tokenized assets within DeFi. The platform’s expansion is part of a broader trend in the industry, with Kraken, Bybit, and Robinhood also offering tokenized versions of U.S. stocks to international users. These developments are expected to continue as the market moves toward large-scale adoption of tokenized financial assets.

Ondo Finance has previously announced the development of its own Layer 1 blockchain, Ondo Chain, intended to accelerate the creation of institutional-grade financial markets on-chain. While the firm has not yet detailed plans to launch tokenized stocks and ETFs on this network, it has also revealed plans to invest $250 million in real-world asset projects alongside Pantera Capital. This initiative aims to bridge traditional financial markets with the digital assets sector. The project’s broader strategy reflects the growing convergence of traditional and blockchain-based financial systems, driven by advancements in tokenization and DeFi infrastructure.

Source: [1] Ondo Finance Rolls Out Tokenized U.S. Stocks, ETFs as ... (https://www.coindesk.com/business/2025/09/03/ondo-finance-rolls-out-tokenized-u-s-stocks-etfs-as-equity-tokenization-ramps-up) [2] Ondo debuts over 100 tokenized US stocks and ETFs on ... (https://www.theblock.co/post/369284/ondo-tokenized-stocks-etfs-ethereum-bnb-chain-solana) [3] DeFi Protocol Ondo Finance Puts 100 Tokenized Stocks on ... (https://decrypt.co/337944/ondo-100-tokenized-stocks-ethereum)