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Ondo Global Markets Launches Tokenized U.S. Stocks on BNB Chain

PancakeSwap will host the rollout with zero trading fees for the first 30 days.

Overview

  • The deployment makes more than 100 tokenized U.S. equities and ETFs tradable around the clock by BNB Chain’s roughly 3.4 million daily users.
  • The offering is aimed at non-U.S. investors seeking exposure to names like Apple, Tesla and major index funds through on-chain settlement and fractional ownership.
  • Ondo reports rapid early traction since its September Ethereum debut, with about $350 million in total value locked and over $669 million in on-chain trading volume.
  • The expansion builds on a compliance-focused stack that includes the acquisition of SEC-registered broker Oasis Pro and institutional custody via BitGo and Coinbase Custody.
  • Industry data puts tokenized public securities near $700 million as rivals such as Backed and Kraken’s xStocks compete on BNB Chain, while Ondo’s broader tokenized assets total about $1.8 billion.