US Stock Tokenization: Allowing Ordinary People to Become Wall Street Wolves
What is US Stock Tokenization?
US stock tokenization is the process of using blockchain technology to 'map' US stocks like Apple and Tesla into tokens that can be traded on-chain, allowing users to invest in traditional US stock assets with just a few dollars and enabling 24-hour trading.
Development History (3 Generational Models):
Synthetic Assets (2020 DeFi Boom)
Projects like Synthetix, where tokens only simulate US stock prices and do not correspond to real shares, carry high risks and no shareholder rights.
IOU Model (FTX Era)
Users purchase a 'platform promise,' not real shares, relying entirely on trust in a centralized platform, exposing significant risks when FTX collapsed.
Regulatory Custodial Model (Current Mainstream)
Tokens are backed 1:1 by real stocks held in custody by regulated institutions to ensure asset safety. For example:
Backed Finance (Xstocks): Issuing blue-chip stock tokens on the Solana chain
Ondo Finance: Tokenized stocks and government bonds, with ONDO as the platform governance token
Future Trends:
Regulation is key: Licensing, KYC/AML, and collaboration with brokerages are prerequisites for development
On-chain US stock innovation opportunities: Tokens + DeFi = Efficient liquidity and automated wealth management
Long-term potential: Expanding RWA (Real World Assets) tracks and increasing global investment accessibility
Project Recommendations: Ondo Finance
Focusing on RWA, aiming to expand the scope of tokenization, with plans to apply for US regulatory approval in the future.
$ONDO token price range reference: 0.55–0.70 is relatively cost-effective (not investment advice)
One-sentence Summary:
US stock tokenization allows you to participate in global quality asset investment with low barriers, keeping an eye on opportunities while emphasizing compliance.
