Ondo Finance has launched Ondo Global Markets, a tokenized equity platform providing non-U.S. investors with access to more than 100 U.S. stocks and exchange-traded funds (ETFs) on the Ethereum blockchain. This move marks a significant step in the ongoing tokenization of real-world assets (RWAs), bringing traditional financial instruments into the decentralized finance (DeFi) ecosystem. The platform, which went live after being first announced in February, is backed by securities held at U.S.-registered broker-dealers. Investors in the Asia-Pacific, Europe, Africa, and Latin America can now mint and redeem shares around the clock during trading days, with access to underlying exchange liquidity. Notably, U.S. residents are excluded from using the service due to regulatory constraints.

The tokenized equities include representations of major stocks such as Apple (AAPL) and Nvidia (NVDA), as well as the QQQ ETF, among others. These tokens are designed for seamless use across wallets, exchanges, and DeFi protocols, expanding the utility of traditional assets in the crypto space. Ondo Finance has partnered with key infrastructure providers like BitGo, Ledger, and Chainlink to support this initiative. According to the company’s founder and CEO, Nathan Allman, the platform is following in the footsteps of stablecoins, which previously brought U.S. dollars on-chain. He stated, “Now, Ondo Global Markets is doing the same thing for U.S. securities.”

The expansion of Ondo Global Markets aligns with broader industry trends in equity tokenization. In recent months, several platforms, including Robinhood, Gemini, and Kraken, have introduced similar offerings. Coinbase and eToro have also announced plans to provide stock trading in tokenized formats. These developments reflect a growing interest in leveraging blockchain technology to increase the accessibility and liquidity of traditional financial assets. However, the initiative has also sparked regulatory scrutiny and debate over issues such as shareholder rights and cross-border compliance.

Ondo Finance has ambitious plans for the platform’s future, aiming to expand its asset offering to over 1,000 by the end of 2025. In addition, the company intends to extend the service to other blockchain networks, including Solana and BNB Chain, leveraging LayerZero’s interoperability solutions. This strategic move underscores the firm’s commitment to integrating traditional markets with decentralized infrastructure, positioning itself at the forefront of the RWA tokenization movement. The platform’s initial focus on Ethereum highlights the network’s role in facilitating on-chain capital markets, with tokenized U.S. Treasuries already surpassing $7 billion in value, of which over $1 billion has been issued by Ondo Finance on the Ethereum network.

The timing of Ondo’s expansion aligns with regulatory developments in the United States, particularly the Securities and Exchange Commission’s (SEC) ongoing efforts to unify the trading of traditional securities, tokenized securities, and non-security crypto assets under a single licensing framework. Ondo Finance has positioned itself as a key participant in this regulatory evolution, with its tokenized offerings designed to bridge the gap between traditional financial systems and decentralized protocols. As the market continues to evolve, the success of Ondo’s platform may provide valuable insights into the long-term viability of tokenized equities and the broader adoption of blockchain in mainstream finance.

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 Finance Rolls Out Tokenized U.S. Stocks, ETFs as … (https://uk.finance.yahoo.com/news/ondo-finance-rolls-tokenized-u-133026277.html) [3] ONDO eyes 15% breakout ahead of tokenized stocks launch (https://www.mitrade.com/insights/news/live-news/article-3-1088887-20250902) [4] Robinhood Markets (Ondo Tokenized Stock) (HOODON) … (https://www.forbes.com/digital-assets/assets/robinhood-markets-ondo-tokenized-stock-hoodon-2/)