MetaMask Integrates Tokenized U.S. Stocks and ETFs via Ondo Finance, Expanding RWA Access

4 hour ago 7 sources positive

Key takeaways:

  • MetaMask's RWA expansion signals a strategic shift towards becoming a comprehensive DeFi gateway, potentially boosting ETH's utility.
  • Geographic restrictions highlight regulatory hurdles that could limit adoption and create fragmented market access for tokenized assets.
  • The partnership with Ondo Finance strengthens USDC's position as the preferred stablecoin for cross-asset swaps in DeFi.

In a significant expansion of its services, the self-custodial crypto wallet MetaMask, developed by Consensys, has begun rolling out access to over 200 tokenized U.S. stocks, exchange-traded funds (ETFs), and commodities like gold and silver. This integration is made possible through a partnership with Ondo Finance and its subsidiary Ondo Global Markets.

The offering, which went live on Tuesday, allows eligible users in non-U.S. countries to acquire these assets directly within the MetaMask mobile app. Users can swap the USDC stablecoin for Ondo Global Markets (GM) tokens, which are designed to track the value of their underlying assets on a 1:1 basis. Desktop support via a browser extension is expected by the end of February.

Ethereum co-founder and Consensys CEO Joe Lubin emphasized the move's significance, stating it showcases a "better model" compared to legacy financial systems. "A single, self-custodial wallet where people can move between crypto and traditional assets without intermediaries and without giving up control. That’s the future we’re actively building toward at MetaMask," Lubin said.

The rollout is geographically restricted, excluding users in the United States and 30 other jurisdictions, including Canada, the European Economic Area, and the United Kingdom. MetaMask enforces these restrictions using methods like IP address geolocation, displaying an error message for users in blocked regions.

This move is part of a broader industry trend toward integrating real-world assets (RWAs) and prediction markets into crypto platforms. Notably, Coinbase is developing its own RWA platform, and Trust Wallet integrated Ondo's tokenized assets in September 2025. MetaMask itself partnered with Polymarket for prediction markets in October 2025.

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