Key Takeaways:
- Ondo Global Markets launched with more than 100 tokenized U.S. stocks and ETFs on Ethereum.
- The platform offers non-U.S. investors 24/7 access to traditional market liquidity.
- Expansion to BNB Chain, Solana, and Ondo Chain is planned for the near future.
Table of Contents
Ondo Global Markets Is Finally Live
In a huge move to bridge traditional finance (TradFi) with decentralized networks, Ondo Global Markets has officially launched, offering over 100 tokenized U.S. stocks and ETFs on the Ethereum blockchain. The platform’s launch represents the largest-ever deployment of tokenized equities and provides international investors outside the U.S. with instant, 24/7 access to major securities like Apple, Tesla, and Google with the same liquidity found on traditional exchanges.
What This Means for the Tokenized Ecosystem
The introduction of Ondo Global Markets fills an important void in the tokenization space by offering a combination of institutional-grade protections and the flexible advantages of blockchain.
Each tokenized share of stock is fully supported by the underlying security with U.S.-registered broker-dealers, and fully verified daily 3rd party market data helps provide the ultimate transparency. Different from previous efforts in the space that were doomed to failure because of low liquidity and price dislocation, the Ondo ecosystem leverages the deep liquidity inherent in traditional markets that allows minimal slippage and near-instant arbitrage opportunities.
Related stories: Global Markets Alliance: Zodia Custody & Mexc Joins Ondo’s Push for Tokenized Assets
The Overall Context
This platform’s launch is perfectly timed for real-world asset (RWA) tokenization at an important moment, post GENIUS Act and increased institutional interest in blockchain finance. By creating interoperability with decentralized finance (DeFi) protocols, Ondo Global Markets is allowing individuals to do everything they can with tokenized stocks, like lending, borrowing, and engaging with protocols reserved exclusively for crypto.
(Image Source: X)
The Bottom Line
Ondo intends to ramp up to over 1,000 tokenized securities by the end of the year and has plans to support more blockchains like BNB Chain and Solana. Ondo is aware of where they sit amongst all of this and is seeking to be a leader in the “Wall Street 2.0” movement, improving efficiency of traditional markets and adapting those efficiencies to an on-chain world.
Final Thought: The Ondo Global Markets doesn’t just tokenize stocks; it radically reconfigures the very definition of how global markets function nowadays, creating a new market in which the reliability of traditional finance (TradFi) and the innovation of decentralized finance (DeFi) co-exist.
FAQs
What are tokenized stocks?
These are tokens on the blockchain that represent ownership of other traditional stocks, and they have the benefits of exposure to equity and the benefits of crypto, DeFi capability, and 24/7 trading.
Who can use Ondo Global Markets?
Currently, it’s available to non-U.S. investors who are in eligible regions, including Asia-Pacific, Latin America, Africa, and some parts of Europe.
How is this different from previous iterations of tokenized stocks?
Ondo’s model benefits from the liquidity of the traditional market, avoids price dislocation through immediate arbitrage opportunities, and offers full DeFi interoperability, essentially eliminating these downsides identified in previous iterations.
For more Ondo Finance’ stories, read: 21Shares Bets Big on RWA With First-Ever ONDO ETF Filing
