BlockChain

Ondo Finance opens access to Wall Street with Blockchain: tokenizes US stocks and ETFs

Wall Street is becoming more accessible to investors around the world thanks to Blockchain.

Ondo Finance, in collaboration with the Ondo Foundation, has taken a bold step towards modernizing traditional finance by launching Ondo Global Markets, a platform that allows non-U.S. investors to access more than 100 U.S. stocks and exchange-traded funds (ETFs) tokenized on the Ethereum blockchain.

This milestone, announced yesterday, marks a significant advancement in the tokenization of real-world assets (RWA), with plans to expand to the BNB Chain and Solana blockchain networks, and to include more than 1,000 tokenized assets by the end of the year.

“Wall Street 2.0 is here. Ondo Global Markets is already live and offers one of the largest selections of on-chain tokenized U.S. stocks and ETFs with the liquidity of traditional finance,” the team announced Wednesday on X.

How does Ondo Global Markets work?

Tokenization is the process of converting traditional assets, such as stocks or bonds, into digital representations in the form of tokens on a blockchain. These tokens allow investors to own fractions of assets, trade them faster and more accessible, and transfer them without traditional intermediaries.

In the case of Ondo Global Markets, the tokens represent shares of the American stock exchange of companies such as Apple, Nvidia, and funds such as the QQQ ETF, backed by real securities held by U.S.-registered broker-dealers.

Unlike owning traditional stocks, these tokens offer economic exposure to the performance of the underlying assets, meaning investors can benefit from price changes but do not receive voting rights or direct dividends. The platform allows for 24/5 trading with liquidity from traditional markets, and tokens are transferable between wallets, exchanges, and decentralized finance (DeFi) protocols at any time.

“We saw stablecoins bring the U.S. dollar to the blockchain. Now, Ondo Global Markets is doing the same with U.S. stocks,” said Nathan Allman, founder and CEO of Ondo Finance.

Democratizing financial markets

Ondo’s initiative has transformative potential, especially for people in regions such as Latin America, Africa, and the Asia-Pacific, where access to U.S. financial markets has historically been limited due to high fees, geographic restrictions, and bureaucratic barriers.

For example, in many developing countries, residents face difficulties opening accounts with international brokers or even lack access to basic banking services. This proposal could be truly transformative. Tokenization removes many of these barriers by allowing investments with lower minimum amounts and faster settlements without the need for intermediaries.

Ondo Global Markets is designed to be accessible to retail and institutional investors in eligible jurisdictions outside of the United States and the United Kingdom, with identity verification (KYC) processes that ensure regulatory compliance.

Additionally, by integrating with popular cryptocurrency wallets such as Trust Wallet, OKX Wallet, and Bitget WalletOndo makes it easy for anyone with internet access and a digital wallet to participate in global markets.

Seamless movement between Blockchain networks

It also has partners such as Chainlink to ensure reliable price data and LayerZero to provide interoperability between blockchains, allowing users to move their tokens seamlessly between different networks.

Initially launched on Ethereum, the platform plans to expand into the BNB Chain and Solana ecosystems in the near term, using LayerZero’s interoperability technology to allow tokens to move seamlessly between different blockchains.

This technological infrastructure ensures a smooth and secure experience, opening the doors to a new generation of investors who can manage their assets with greater flexibility and control.

This openness can empower millions of people in developing countries, allowing them to invest in high-quality assets, such as shares of leading technology companies or diversified ETFs, without the traditional hurdles. According to a recent McKinsey report cited by Block Street, the market for tokenized assets could reach $2 trillion by 2030, underscoring the potential for this technology to transform global financial access.

Expansion and technology partners

Ondo has also secured partnerships with key players in the crypto ecosystem, such as BitGoLedger1inch, and Morpho, ensuring security, liquidity, and accessibility.

In addition, Ondo is collaborating with Block Street, a startup that offers a “unified liquidity layer” for tokenized stocks, enabling advanced operations such as lending, short selling, and large-scale hedging in DeFi. This integration strengthens Ondo’s value proposition by combining the flexibility of decentralized finance with the stability of traditional markets.

Ondo joins a growing trend.

Ondo is not alone in this race. Other platforms such as Kraken, Bybit, and Robinhood have also recently launched tokenized stock offerings on networks such as Solana, BNB Chain, and Arbitrum.

Robinhood, a platform popular with retail investors, offers more than 200 tokenized stocks to European users, while Coinbase is seeking regulatory approval to bring these solutions to the U.S. However, Ondo Global Markets stands out for its initial scale (more than 100 assets) and its focus on interoperability and liquidity of traditional markets.

With plans to scale to over 1,000 assets by the end of 2025 and future integration with its own blockchain network, Ondo ChainOndo Finance is positioning itself as a leader in the convergence between traditional and decentralized finance.

Its focus on reducing costs, increasing accessibility, and improving capital efficiency could not only transform global investment but also redefine how financial markets operate in the digital age. For now, Ondo’s vision of building a “Wall Street 2.0” is resonating in the sector, with the price of its ONDO token surging 13% following the announcement, reaching $0.90.

About The Author

KrypTimes

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Decentralized Applications - Why Everyone’s Talking About DApps in 2025
BlockChain

Decentralized Applications: Why Everyone’s Talking About DApps in 2025

You’ve probably heard the term Decentralized Applications thrown around lately, especially with Ethereum 2.0 up and running and Solana back
How ARICHAIN Aims to Enhance Blockchain Adoption in 2025
BlockChain

How ARICHAIN Aims to Enhance Blockchain Adoption in 2025

Blockchain technology has come a long way since its early days of being mainly associated with cryptocurrencies. But despite the