Tuesday, 02 January 2024 12:17 GMT

Ondo Finance Tokenizes 100+ U.S. Stocks And Etfs On Ethereum


(MENAFN- Yolo Wire) %Ondo Finance has launched over 100 tokenized U.S. stocks and ETFs on %Ethereum (CRYPTO: $ETH), opening up new opportunities for investors around the globe to gain exposure to the American equities market. The offering includes major companies such as %Apple (NASDAQ: $AAPL), %Tesla (NASDAQ: $TSLA), and %Microsoft (NASDAQ: $MSFT), alongside popular ETFs like the S&P 500 (SPY) and Nasdaq-100 (QQQ).

Tokenization allows Ondo to represent each share as a blockchain-based asset backed 1:1 by the real-world security. This innovation enables investors to trade and hold U.S. equities in a seamless, digital-native form. By moving securities on-chain, Ondo enhances global access, lowers barriers to entry, and introduces around-the-clock trading opportunities beyond the limits of Wall Street's traditional hours.

For investors, the implications are far-reaching. Tokenized equities can be integrated into decentralized finance (%DeFi ) protocols, enabling new forms of yield generation, lending, and collateralization. The model also improves liquidity and settlement efficiency, while maintaining regulatory safeguards through partnerships with licensed custodians and broker-dealers.

With the tokenization of equities projected to be a multi-trillion-dollar market in the coming years, Ondo is positioning itself as a pioneer in real-world asset (RWA) adoption. For portfolio builders, this marks a turning point: the ability to hold familiar blue-chip stocks and ETFs in the same wallet as digital assets, %Stablecoins , or crypto tokens.

As tokenized securities gain traction, Ondo's latest move could redefine how investors interact with U.S. markets - merging traditional investment strategies with the speed, transparency, and global reach of Ethereum.

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