Ondo will launch Ondo Global Markets on 9/3, initially listing a hundred tokenized stocks

Ondo Finance will launch a tokenized stock platform on September 3, bringing over a hundred US stocks to the blockchain for the first time, enabling 24-hour trading and the era of fractional shares. (Background: JPMorgan completes its 'first' transaction on a public chain in collaboration with Ondo and Chainlink to settle tokenized assets, accelerating the fusion of DeFi) (Additional background: Ondo launches US stock tokenization platform Ondo GM, with on-chain Wall Street capabilities surpassing traditional finance) US startup Ondo Finance will bring over 100 US stocks to the blockchain on September 3, providing 24/7 tokenized trading services through Ondo Global Markets. According to the announcement, investors can purchase fractional shares of Tesla or Apple with a minimum value of only $100, breaking free from traditional trading hours and full share thresholds, as traditional financial assets enter a new phase of 'on-chain' transformation. The significance of 24/7 trading and fractional shares After the New York Stock Exchange closes, the crypto market continues to function. Tokenized stocks operating in the same manner break time zone limitations, enhancing the efficiency of global retail and institutional investors in allocating US stocks. According to data published by Ondo, the number of listed targets will expand to thousands by the end of the year. The design of all-weather matching and fractional shares not only lowers the entry threshold but also increases liquidity, which is expected to attract more foreign funds to US stocks. The core infrastructure of the Ondo platform is built on Ethereum and Ondo Chain, with transaction records publicly verifiable. The asset side is securely stored by custodial partners such as BitGo and Fireblocks, while ensuring that collateral has priority secured claims for investors. To address regulatory challenges, Ondo Finance has acquired SEC-registered broker Oasis Pro, linking traditional financial infrastructure with a broker's license, and maintains communication with large institutions such as BlackRock and JPMorgan, demonstrating its intention to absorb institutional funds. Related reports SBI Holdings collaborates with Startale to launch a tokenized stock and RWA on-chain trading platform, acquires Web3 media CoinPost (Research report) The rediscovery of RWA: The on-chain rebirth of traditional assets RWA exclusive token standard: Analysis of the compliance characteristics and application scenarios of ERC-3643 "Ondo will launch Ondo Global Markets on 9/3, initially listing a hundred tokenized stocks" This article was first published on BlockTempo (the most influential blockchain news media).