Key Takeaways:
- Ondo launches Wall Street 2.0: Over 100 tokenized U.S. stocks and ETFs are now live on Ethereum, with plans to scale to 1,000+ assets.
- $70M trading volume in hours: Tokenized real-world assets (RWAs) on Ondo Global Markets generated over $70 million in volume shortly after launch.
- Designed for global access: Available 24/7 to non-U.S. users with seamless DeFi integration and institutional-grade protections.
Ondo Finance has officially launched Ondo Global Markets, ushering in what it calls “Wall Street 2.0”, a new era of tokenized securities that brings U.S. equities directly onto the blockchain. The platform delivers unprecedented onchain access to major U.S. stocks and ETFs with full liquidity, verified backing, and interoperability with the decentralized finance (DeFi) ecosystem.
Read More: Ondo Finance Secures $1.4B Path to Regulated Tokenized Securities with Major U.S. Broker Deal
Ondo’s Game-Changing Launch: Wall Street Goes Onchain
With the introduction of Ondo Global Markets, the greatest number of tokenized equities in history were released, and global investors now gain 24/7 access to tokenized shares of such household brands as Apple, Google, and Nvidia. It has in excess of 100 assets in operation, and intends to have over 1,000 by the end of 2025.
The platform recorded over $70 million in trading volume within hours of launch and as the momentum behind the tokenization of real-world assets (RWAs) grew. The ONDO token itself recorded a 33% spike in trading volume, signaling strong investor interest and confidence in the project.
“What stablecoins did for dollars, Ondo is doing for stocks,” the company posted on X.
These tokenized equities are currently live on Ethereum, with upcoming support for BNB Chain, Solana, and Ondo Chain, ensuring cross-chain accessibility. Non-U.S. users can instantly mint, redeem, and transfer tokenized shares around the clock, breaking away from the time-bound constraints of traditional equity markets.
Bridging TradFi Liquidity with DeFi Composability
A New Standard for Tokenized Equities
Ondo Global Markets is a direct beneficiary of traditional exchange liquidity, unlike past efforts at tokenizing stocks that were plagued by poor liquidity, price dislocation, and silos within markets. This severely limits the slippage and makes the onchain price of tokenized stocks closely track the underlying assets.
Key differentiators include:
- True market depth via traditional exchange order books.
- Mint/redeem at market price during trading hours (24/5).
- Total return tracking: Dividends are reinvested back into the tokenized asset.
- 24/7 DeFi utility: Once minted, tokens can be transferred or deployed across protocols like 1inch, CoW Protocol, and Alpaca.
Institutional-Grade Asset Protection
Ondo’s model provides transparent asset backing:
- All tokenized stocks are fully backed by underlying U.S. equities or ETFs.
- Custodied with registered U.S. broker-dealers.
- Verified daily by a third-party agent.
- A Security Agent holds a first-priority interest in the assets to protect tokenholders in case of default.
This structure aims to make Ondo Global Markets bankruptcy remote, providing institutions the level of assurance needed to deploy large-scale capital into tokenized assets.
Scaling Fast: 1,000+ Tokenized Assets Coming
The wrapped tokenization model enables Ondo to rapidly scale its asset offerings. Over 1,000 tokenized stocks and ETFs are targeted by year-end, including:
- Blue-chip tech stocks (e.g., AAPL, GOOG, NVDA)
- Fixed-income ETFs
- Sector-specific funds
Supported platforms include major crypto players:
- Wallets: Trust Wallet, OKX Wallet, Bitget Wallet
- Exchanges: MEXC, Gate, LBank
- Infrastructure: Chainlink, LayerZero, BitGo, Ledger Live
- Data providers: CoinGecko, CoinMarketCap, RWA.xyz
This broad integration ensures that Ondo tokenized assets are accessible and functional across the full spectrum of Web3 tools—from yield-generating protocols to asset management apps.
Read More: Alchemy Pay Opens 173 Countries to Ondo’s USDY Token, Boosting Tokenized Treasury Access
How It Works: Onchain AAPL, Real-World Exposure
Behind the Scenes of a Tokenized Stock
Here’s how tokenized assets work under the hood:
- A non-U.S. user purchases a token like AAPLon.
- Ondo acquires the equivalent AAPL stock via a U.S. broker-dealer.
- The shares are held by a regulated custodian.
- The token holder receives a 1:1 backed token reflecting AAPL exposure.
- Dividends are automatically reinvested (net of taxes) into the token.
- The user can trade, transfer, or use the token across DeFi protocols.
In case of price deviations between the onchain token and the underlying stock, tokens may be minted or redeemed by arbitrageurs to re-price the markets, reducing long-term dislocation – which is a major problem with prior tokenization models.
