Ondo Finance, an issuer of tokenized real-world assets, has launched Ondo Global Markets, providing non-U.S. investors with instant, 24/7 access to tokenized U.S. stocks, ETFs, and other securities with the liquidity and institutional-grade protection of traditional markets.
1/ Wall Street 2.0 is here.
Ondo Global Markets is now live, providing one of the largest-ever selections of tokenized US stocks & ETFs onchain with the liquidity of traditional finance, starting on @Ethereum .
100+ assets now live, with hundreds more on the way. pic.twitter.com/caHhT0gRX5
— Ondo Finance (@OndoFinance) September 3, 2025
Ondo tokenized shares launch on Ethereum
Ondo Global Markets currently offers 100 US stocks and ETFs, with plans to expand to 1,000 by the end of the year. It is now available on Ethereum and plans to expand to BNB Chain, Solana, Ondo Chain, and other platforms. Ondo Global Markets is supported by numerous wallets, custodians, and exchanges, including OKX Wallet, Bitget Wallet, Trust Wallet, Gate, BitGo, Ledger, LayerZero, Morpho, and 1inch. Chainlink serves as an oracle platform for asset price data.
Ondo combines the advantages of traditional finance and blockchain
Ondo tokenized shares are fully backed and secured by US stocks and ETFs held at one or more US registered broker-dealers, as well as cash in transit, verified daily by third-party reserves, and are structured for bankruptcy remoteness to fully protect investors.
Ondo tokenized shares and ETFs have the same liquidity as the underlying securities, enabling instant, low-slippage buying and selling. Tokenized shares can be minted, redeemed, and transferred instantly outside the U.S., but minting/redemption is aligned with market hours to enhance liquidity.
Investors can also use Ondo tokenized stocks and ETFs for lending and borrowing in DeFi protocols.
Take AAPL as an example
When a user outside the United States purchases tokenized AAPL (AAPLon) through Ondo Global Markets, the following occurs:
- The platform purchases AAPL through a US registered broker-dealer
- AAPL shares are held with a regulated custodian
- Users will immediately receive AAPLon tokens
- If Apple pays a dividend, or any other corporate action occurs, the price of AAPLon will adjust accordingly. Ondo tokenized shares are total return trackers, meaning they reflect the full return of holding the underlying AAPL shares, with dividends reinvested (net of applicable withholding taxes) to purchase new shares.
- Tokens can be minted or redeemed for stablecoins at the prevailing value of the underlying asset during securities trading hours. Once issued, tokens can be transferred 24/7/365, combined with other collateral, or deployed in DeFi protocols, subject to relevant restrictions.
Tokenized stocks become a battleground
Ondo isn't the only crypto project to launch a tokenized security solution. Against the backdrop of loosening US government regulations and the growing popularity of the RWA narrative, tokenized stocks have rapidly gained traction. Platforms and products like Bybit, Robinhood, and xStocks have rapidly gained traction, making "on-chain US stock trading" a hot topic. Currently, xStocks is available for 24/7 trading on Kraken, extending beyond traditional market hours, with plans to expand weekend trading in the future. Furthermore, xStocks can be withdrawn to a self-custodial wallet and traded on-chain at any time. Bybit and Gate have also launched support for xStocks.
Robinhood also recently expanded into on-chain stock trading, offering tokenized versions of over 200 US stocks to users in the European Union on Arbitrum. Meanwhile, Coinbase is seeking approval from the US Securities and Exchange Commission (SEC) to bring tokenized stocks to the US market.
The article " The era of on-chain US stock trading has arrived! Ondo Global Markets combines the advantages of traditional finance and DeFi" originally appeared on ABMedia ABMedia .
