Ondo Finance has launched Ondo Global Markets, a tokenized-equity platform that brings more than 100 U.S. stocks and ETFs on-chain for non-U.S. investors.
The new tokenized equities are live on Ethereum and are each backed by the underlying securities held at U.S.-registered broker-dealers. The initial lineup includes token representations of Apple (AAPL), Nvidia (NVDA) and the QQQ ETF, among others. Investors in Asia-Pacific, Europe, Africa and Latin America can mint and redeem shares around the clock during trading days, with access to underlying exchange liquidity. The service is explicitly not available to U.S. users.
The tokens are designed for transferability across wallets, exchanges and decentralized finance protocols. Ondo said it has integrated custody and oracle partners including BitGo, Ledger and Chainlink to support custody, settlement and price feeds. The firm also plans to expand the catalog to more than 1,000 assets by the end of the year and to extend the service to Solana and BNB Chain using LayerZero-powered interoperability.
“We saw stablecoins export the U.S. dollar by bringing it on-chain,” said Nathan Allman, Ondo’s founder and CEO. “Now, Ondo Global Markets is doing the same thing for U.S. securities.”
This rollout comes amid growing interest in tokenized real-world assets (RWAs), as exchanges and platforms — from Robinhood to Gemini, Kraken and others — introduce tokenized-stock offerings. Some recent launches have prompted scrutiny over fragmented regulations and concerns about limited shareholder rights and custody arrangements. Readers should note that tokenized equities can raise legal and liquidity risks distinct from holding regulated brokerage shares: custody structure, shareholder voting, and cross-jurisdictional rules may affect rights and execution.
Source: CoinDesk. Read the original coverage for full details.
