Ethereum News Today: Ondo Redefines Global Access to U.S. Stocks with Blockchain Breakthrough

Ondo Finance and the Ondo Foundation have launched over 100 tokenized U.S. stocks and ETFs on the Ethereum blockchain, marking a significant step in the tokenization of real-world assets. The initiative, known as Ondo Global Markets, is available to qualifying investors from the Asia-Pacific, European, African, and Latin American regions. The project aims to scale this offering to 1,000 tokenized securities by the end of 2025 and expand blockchain support to include BNB Chain and Solana in the near future, facilitated by interoperability protocols like LayerZero [1].

These tokenized equities and ETFs are fully backed by the underlying assets held at U.S.-registered broker-dealers and cash in transit, ensuring that investors have exposure to the total economic return of the underlying securities. The platform allows for 24/7 minting and redemption of tokenized assets five days a week, with on-chain liquidity linked to traditional exchanges. Unlike many tokenized stock offerings that are restricted in terms of transferability or liquidity, Ondo Global Markets emphasizes accessibility, enabling investors to transfer tokenized equities across wallets, exchanges, and DeFi protocols seamlessly [2].

The platform supports a diverse range of assets, including shares of major companies like Apple and Tesla, as well as fixed-income ETFs. Ondo Finance CEO Nathan Allman stated that the platform is a "breakthrough in financial access," enabling global investors to participate in U.S. securities with the same efficiency that stablecoins brought to the U.S. dollar [1]. The initiative has also partnered with key infrastructure providers and platforms such as OKX Wallet, Bitget Wallet, Trust Wallet, BitGo, Ledger, and Chainlink, which provides oracle services for asset price data [1].

Ondo is also integrating with Block Street, a chain-agnostic liquidity layer for tokenized stocks, to offer institutional-grade liquidity for these assets. Block Street's system enables users to borrow tokenized stocks using USDT and collateralize them for USDT, creating a two-way market for assets like AAPL, NVDA, and TSLA. Block Street has attracted over 200,000 users on its testnet and counts Citadel, Point72, and Jane Street among its backers [1].

The tokenization of U.S. equities is gaining traction across the crypto industry. Kraken and Backed have expanded their xStocks offering to BNB Chain, Tron, and Ethereum, while Bybit and Gate also support these tokenized assets. Robinhood has launched over 200 tokenized versions of U.S. stocks for EU users on Arbitrum. Meanwhile, Coinbase is working on obtaining regulatory approval from the U.S. Securities and Exchange Commission (SEC) to offer tokenized stocks to U.S. investors [2].

Despite the growing momentum, the tokenization of equities remains in the early stages of adoption. A recent McKinsey report cited by Block Street estimates that tokenized financial assets could reach a total market cap of $2 trillion by 2030, excluding stablecoins. This growth hinges on the ability of financial institutions with blockchain capabilities to gain a strategic advantage in the evolving market landscape [1].

Ondo Finance is also working on its own Layer 1 blockchain, Ondo Chain, designed to facilitate institutional-grade financial markets onchain. While no specific plans have been announced for launching tokenized stocks and ETFs on this network, the company has previously committed to expanding its real-world asset offerings through partnerships like its $250 million collaboration with Pantera Capital [1].

Source:

[1] Ondo debuts over 100 tokenized US stocks and ETFs on ... (https://www.theblock.co/post/369284/ondo-tokenized-stocks-etfs-ethereum-bnb-chain-solana)

[2] 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)