ONDO Expands Tokenized US Stock Access via Wallet Integrations

Ondo Finance partners with crypto platforms to offer tokenized U.S. stocks and ETFs in digital wallets, enabling non-U.S. investors to trade outside traditional brokerage models according to reports.

21Shares filed an ETF for the tokenized real-world asset ONDO, increasing its visibility but failing to reverse bearish price trends as data shows.

The tokenized asset market faces challenges such as market, regulatory, and smart contract risks, despite broader industry growth according to analysis.

Ondo Finance has expanded its offerings by integrating tokenized U.S. stocks and ETFs into digital wallets via partnerships with major crypto platforms according to reports. This move allows non-U.S. investors to access and trade these assets without the need for traditional brokerage accounts.

The tokenized assets, represented as GM tokens, track the value of their underlying securities and are available on Ethereum, Solana, and BNB Chain according to data. This integration supports 24/5 trading and 24/7 transfers, combining traditional and decentralized finance in one ecosystem.

Ondo has also broadened its portfolio to include tokenized U.S. stock IPOs, making newly listed stocks accessible globally in near real time according to reports. As of now, the platform holds $2.5 billion in total value locked and has facilitated $9 billion in cumulative trading volume.

What is the significance of tokenized assets in global finance?

Tokenized assets bridge traditional and decentralized finance by enabling 24/5 trading and global access according to analysis. They allow investors to manage both traditional and crypto assets within a single wallet, enhancing accessibility and convenience.

The integration of tokenized assets on major blockchains like Ethereum, Solana, and BNB Chain reflects a growing trend of tokenization in traditional finance according to reports. Ondo Global Markets has submitted a registration statement to the SEC to align with U.S. regulatory standards.

Despite the innovation, tokenized assets come with inherent risks, including market, regulatory, and smart contract vulnerabilities according to analysis. These risks need careful consideration by global investors.

What impact does the ONDO ETF filing have on the market?

21Shares recently filed an ETF for the tokenized real-world asset ONDO, aiming to increase its visibility according to reports. However, the price remains below the $0.356 resistance level, with sellers dominating the market.

Derivatives volume and open interest have dropped significantly, indicating reduced speculative activity according to data. Negative funding rates and declining open interest signal a bearish tilt in the derivatives market.

The $0.20 support level is now under scrutiny, and liquidation clusters at $0.27 and $0.24 highlight the potential for further downside according to analysis. Despite the ETF filing, ONDO has not generated independent bullish momentum and remains tied to broader market movements.

How do broader market trends affect ONDO?

ONDO's price performance is influenced by broader RWA market trends, including volatility in gold and silver according to data. The RWA perpetuals volume has pushed above $15 billion, reflecting increased activity in the sector.

MetaMask's integration with Ondo Finance allows users to access tokenized U.S. stocks and ETFs, highlighting ONDO's potential beyond speculative trading according to reports. However, the token remains vulnerable to further short-term downside unless fresh buying momentum emerges.

The broader crypto industry faces regulatory and legislative challenges, as highlighted by recent political controversies involving AI chips and UAE-backed investments according to Finnhub. These developments underscore the political dynamics influencing regulatory clarity and market stability.