Ondo Finance Launches Tokenized Stock Platform
A New Gateway for Global Investors
#ONDO Finance, taking significant steps in crypto assets, has announced its new platform, "Ondo Global Markets." This platform offers access to over 100 tokenized US stocks and ETFs via the US-wide Ethereum blockchain. Initially, developer sensations like Apple and Nvidia, as well as popular investment products like the QQQ ETF, were listed.
US residents are unable to access the platform due to extension restrictions. However, they can access services in Asia-Pacific, Europe, Africa, and Latin America.
$ONDO Token's Rapid Price Reaction
Following the launch announcement, the ONDO token price rose more than 6%, approaching $1. The token opened the week at $0.86. Investor interest is fueled by both the new platform's growth potential and the growing demand for its integrated assets.
How Does the Platform Work?
Ondo Global Markets' operating system is similar to a stablecoin. Its tokenized stock registries are backed by real assets registered in US-registered instruments.
24/7 Operation: Investors can mint and redeem tokens at their own discretion.
Economic Equivalence: Tokenized stocks offer the same returns as the original stocks, including price movements, dividends, and corporate transactions.
Flexibility: Tokens can be transferred between exchanges and DeFi protocols.
Liquidity Support: Tokenized versions of stocks traded on traditional exchanges are now available.
Expansion Plans
Ondo Finance's roadmap is ambitious:
More than 1,000 assets will be listed on the platform by the end of 2025.
Solana and BNB Chain support will be integrated through LayerZero technology.
The long-term goal is to create a more optimized ecosystem on Ondo Chain.
The company also partners with leading crypto infrastructure providers such as BitGo, Ledger, Chainlink, Bitget Wallet, Trust Wallet, and OKX Wallet.
CEO's Strategic Vision
Nathan Allman, founder and CEO of Ondo Finance, stated that the platform will have a similar impact to its stablecoins:
“What stablecoins did for the US dollar, we are doing the same for US securities.”
This vision aims to enable the global sale of traditional financial assets on the blockchain quickly, securely, and without any fees.
Conclusion
Ondo Finance's Ondo Global Markets initiative further demonstrates the rapid growth of the tokenization trend.
For the first time, access to the tokenized market outside the US is now available.
The rapid rise in the ONDO token price demonstrates positive market sentiment.
The platform's global expansion plans will further attract investors to blockchain-based asset markets in the future.
👉 In short, Ondo Finance seems poised to be one of the players reshaped by the freedom blockchain of finance.
#ListedCompaniesAltcoinTreasury #TrumpFamilyCrypto #TrumpTariffs #FOMCWatch