Ondo Finance and the Ondo Foundation have launched the Ondo Global Market platform, offering tokenized versions of over 100 U.S. stocks and ETFs on Ethereum, providing global investors with 24/7 trading access.
Bridging Traditional Markets with Blockchain
The Ondo Global Markets platform provides simple access to traditional financial products through the tokenization of U.S. stocks and ETFs. It currently operates on Ethereum but plans to expand to other blockchains, such as Solana and BNB Chain, with expected completion by year-end to boost accessibility and liquidity of tokenized securities.
Global Expansion Plans
The platform aims to increase the number of tokenized assets to 1,000 securities by the end of 2025, which will include stocks from companies such as Apple, Tesla, and Nvidia, enhancing the market for tokenized real-world assets (RWAs).
The Role of Partnerships and Institutional Support
A key factor in Ondo's success is its strategic alliances with leading infrastructure providers. For instance, collaborating with 1inch has incorporated Ondo’s assets into their Swap API to enhance liquidity and facilitate efficient on-chain management of tokenized assets.
The launch of Ondo Global Markets marks a significant step towards bridging traditional finance with blockchain, offering investors 24/7 access to tokenized assets and leveraging strategic partnerships to improve liquidity and access to global markets.
