Particle.news

Download on the App Store

Ondo Finance Launches 100+ Tokenized U.S. Stocks and ETFs on Ethereum

The on-chain shares are backed one-to-one by securities at U.S.-registered broker-dealers under a bankruptcy-remote structure with daily reserve checks.

Overview

  • The service is live for eligible non-U.S. investors across Asia-Pacific, Europe, Africa and Latin America, with U.S. users excluded under current rules.
  • Each token tracks the underlying price and dividends to deliver total economic return equivalent to the real stock or ETF, with a security agent holding first-priority rights over the assets.
  • Investors can mint and redeem 24 hours a day during U.S. trading days and transfer tokens peer to peer at all times, with brokerage infrastructure provided by Alpaca and integrations across DeFi and major wallets.
  • Bitget exchange and Bitget Wallet have enabled browsing and trading of the tokens for users outside the United States, joining partners including BitGo, Ledger, Chainlink, Trust Wallet and OKX Wallet.
  • Ondo plans to scale to 1,000+ assets and add Solana, BNB Chain and Ondo Chain support, and its ONDO token rose roughly 4%–6% to near $1 following the launch.