Ondo Finance has deepened its tokenized stock distribution by integrating with LI.FI’s cross-chain infrastructure, while Enso launched a unified real-world asset (RWA) application aggregating over 500 tokenized assets. Together, the moves signal a shift from issuing tokenized securities to making them easily reachable across wallets, blockchains, and protocols.
Ondo’s LI.FI Integration
Ondo Global Markets – described as the world’s largest tokenized securities platform with more than $1 billion in total value locked and tens of thousands of holders – is now live on LI.FI. The integration gives applications connected to LI.FI access to more than 438 U.S. stocks and ETFs, including Tesla, Nvidia, Apple, QQQ, and SPY. Initially available on Ethereum and BNB Chain, with Solana support expected to follow, the rollout treats tokenized equities as composable distribution assets rather than isolated products. With LI.FI connecting over 1,000 partners, this brings regulated U.S. market exposure into cross-chain user flows where liquidity and wallets already exist.
Enso’s Multi-Source RWA Platform
Switzerland-based Enso unveiled an RWA application that aggregates tokenized stocks, ETFs, Treasurys, commodities, and stablecoins from xStocks, Ondo Finance, and Anchorage Digital’s Porto. The platform offers a single execution layer for U.S. names such as Apple, Microsoft, Nvidia, Tesla, and SpaceX, targeting European demand for around-the-clock trading and yield-bearing dollar assets. Enso aims to make fragmented tokenized markets feel like one trading surface, emphasizing execution and discovery over pure custody.
Market Context
Data shows tokenized asset holders grew 13.4% over 30 days to 930,612, even as total tokenized asset value dipped 0.9%. U.S. Treasury debt accounts for $15 billion on-chain, followed by commodities at $4.6 billion and asset-backed credit at $2.2 billion; tokenized stocks rank fifth at $1.6 billion. This participation-versus-value dynamic highlights the demand for platforms that simplify access, positioning both Ondo and Enso at the forefront of the RWA distribution race.