Ondo Finance, in collaboration with the Ondo Foundation, has launched a groundbreaking initiative to offer over 100 tokenized stocks and ETFs, initially deploying on the Ethereum blockchain. This move is set to redefine how investors interact with traditional financial markets by providing digital representations of traditional securities. The offering is expected to expand to approximately 1,000 assets by the end of the year, with plans to extend support to Solana and BNB Chain.
Tokenized stocks and ETFs enable fractional ownership, increased liquidity through 24/7 trading, greater transparency via public ledger recording, and global accessibility, particularly for investors in emerging markets. Eligible investors across Asia-Pacific, Europe, South America, and Africa can trade these tokens on Ondo Global Markets.
Trust Wallet has partnered with Ondo Finance and 1inch to support these tokenized offerings. This collaboration allows users to manage tokenized assets directly within Trust Wallet, with 1inch providing liquidity and pricing infrastructure. The integration aims to bridge traditional finance and decentralized ecosystems, offering benefits like lower entry barriers, reduced intermediaries, and enhanced portfolio diversification.
While regulatory challenges remain, this initiative represents a significant step toward global financial inclusion and the convergence of traditional and blockchain-based finance.