Bitget Wallet has announced the support for tokenized stocks and other assets from Ondo Finance, further affirming the growing popularity of tokenization in financial technology.
Support for Tokenized Securities
Bitget Wallet announced that it will support tokenized stocks, ETFs, and real-world assets (RWAs) from Ondo Finance starting this summer. This will allow over 80 million Bitget Wallet users to self-custody and transfer tokenized securities, marking a significant step in expanding access to tokenized assets.
Global Markets Alliance
The Global Markets Alliance, led by Ondo Finance, includes participants such as Solana Foundation, Jupiter Exchange, 1inch, and others. The alliance aims to create regulated financial products on-chain and plans to launch Ondo Global Markets with over 100 tokenized assets.
Acquisition of Strangelove
Recently, Ondo Finance acquired Strangelove, a company known for its contributions to the Cosmos ecosystem. This acquisition is expected to strengthen Ondo's technology infrastructure. Ondo's founder and CEO Nathan Allman stated that this acquisition reinforces their commitment to bringing financial markets on-chain.
The support for tokenized assets by Bitget Wallet and the collaborative efforts within the Global Markets Alliance highlight the rapid growth of financial technology tokenization and efforts to integrate it into traditional financial systems.
