- Ondo Global Markets debuts with 100+ tokenized U.S. equities, aiming to scale to 1,000 securities by year end.
- Each tokenized asset is fully backed by U.S. broker-dealers, with daily third party verification and security protections.
- The platform expands to BNB Chain, Solana, and Ondo Chain, enabling cross-chain access and wrapped tokenization at scale.
Ondo Finance has launched Ondo Global Markets, describing it as a “Wall Street 2.0” initiative. The platform, now live on Ethereum, provides non U.S. investors access to more than 100 tokenized U.S. stocks and exchange traded funds (ETFs). According to the announcement, the launch represents one of the largest deployments of tokenized equities to date, with plans to scale the offering to over 1,000 securities by year end. The assets available include equities listed on the New York Stock Exchange and Nasdaq, backed directly by U.S. registered broker dealers.
Expanding Access to U.S. Securities
Ondo Global Markets is designed to address barriers that international investors have historically faced in accessing U.S. securities. These barriers include high fees, transfer restrictions, fragmented platforms, and geographic exclusions.
The company noted that the U.S. securities market is valued at approximately $64 trillion, making accessibility a significant challenge for many global participants. The platform differs from earlier tokenization models by linking directly to traditional exchange liquidity.
This approach aims to avoid illiquidity, wide spreads, and price dislocations that have affected earlier tokenized equity projects. Notably, users can mint and redeem tokens during market hours, while peer-to-peer transfers remain available 24/7.
Structure, Backing, and Security
According to Ondo Finance, each tokenized security is fully backed by U.S. stocks and ETFs held with one or more regulated broker-dealers, alongside cash in transit. A third party Verification Agent reviews the asset backing daily, while an independent Security Agent holds a first priority security interest in the underlying assets on behalf of token holders.
Ondo said that its products are structured for bankruptcy remoteness, designed to protect token holders in adverse scenarios. The platform also integrates with decentralized finance (DeFi), enabling tokenized securities to be used for collateral, lending, and automation within the broader ecosystem.
Integration, Multichain Expansion, and Next Steps
The launch received support from multiple platforms and service providers, including Bitget Wallet, Trust Wallet, OKX Wallet, Gate, Chainlink, Bitget Global, and MEXC. Additional integrations involve Blockchain.com, Ledger, Fireblocks, CoinGecko, and CoinMarketCap.
Ondo Global Markets will expand beyond Ethereum to additional blockchains, including BNB Chain, Solana, and its proprietary Ondo Chain. This multichain strategy is intended to broaden accessibility and support cross-chain token issuance. The model also introduces a wrapped tokenization framework, enabling the platform to quickly increase the number of available securities.
The launch comes shortly after the passage of the GENIUS Act in the U.S. and coincides with Ethereum’s 10th anniversary. Ondo Finance stated that its objective is to bring financial markets onchain, combining traditional liquidity with blockchain functionality.
