"Ondo's MiCAR-Approved Tokenized Stocks Enable 500M EU Investors to Trade 24/7 on Blockchain"

Ondo Global Markets, a leader in tokenizing real-world assets, has secured regulatory approval to offer tokenized U.S. stocks and exchange-traded funds (ETFs) across the European Union (EU) and European Economic Area (EEA). The authorization, granted by the Liechtenstein Financial Market Authority (FMA) under the MiCAR (Markets in Crypto-Assets Regulation) framework, allows Ondo to provide these products to over 500 million investors in 30 countries. This move marks a significant step in bridging traditional finance with blockchain technology, enabling 24/7 trading of tokenized assets on a regulated platform.

The approval leverages the EU's passporting system, which allows licensed entities to operate across all member states. Ondo's tokenized offerings include major U.S. stocks such as Tesla, Apple, and NVIDIA, as well as BlackRock/iShares ETFs and U.S. government bonds according to the report. The firm, which has already amassed $315 million in total value locked (TVL) and facilitated over $1 billion in trades since launching Global Markets in September 2025, now aims to expand its portfolio to 1,000 tokenized assets by year-end. The expansion follows a strategic partnership with BX Digital, which introduced Europe's first batch of tokenized stocks and ETFs to regulated markets.

Ondo's regulatory compliance is underpinned by Liechtenstein's implementation of MiCAR, which came into effect in February 2025. The framework establishes harmonized rules for crypto-asset services, ensuring investor protection while fostering innovation. By adhering to MiCAR, Ondo has set a precedent for how blockchain-based financial products can meet stringent European regulations according to FMA. The approval also aligns with broader trends in tokenized real-world assets (RWAs), which have surged to $55.94 billion in market value this year, driven largely by private credit and stablecoins.

The firm's expansion to the BNB Chain in October 2025 further underscores its global ambitions, targeting Asian and Latin American markets. This move follows Ondo's initial launch on Ethereum, which generated $350 million in TVL and $669 million in trading volume. Despite these milestones, the ONDO token, which underpins the platform, has shown muted performance, trading flat at $0.5320 with bearish technical indicators according to analysts. Analysts attribute this to broader market volatility and a lack of immediate catalysts for price appreciation.

The approval highlights a growing convergence between traditional finance and blockchain infrastructure. By tokenizing stocks and ETFs, Ondo enables fractional ownership and instant settlement, reducing barriers to entry for retail investors. The integration of tokenized assets into mainstream markets also reflects increasing institutional adoption, as seen in BlackRock's recent expansion of its tokenized Treasury fund to BNB Chain. Such developments signal a shift toward on-chain finance, where digital assets and traditional securities coexist within a regulated ecosystem.