Ondo Finance has announced the launch of over 100 tokenized U.S. stocks and ETFs, targeting investors outside the U.S. The project aims to reshape access to real assets.
Ondo Finance's Tokenization Initiatives
Ondo Finance is offering over 100 tokenized stocks and ETFs available for trading on the Ethereum platform, primarily focusing on qualified investors outside the U.S. The launched initiative aims to expand access to tokenized real-world assets.
Collaboration with Alpaca
Key players in this initiative include Ondo Finance and their brokerage partner Alpaca, whose infrastructure supports custody and execution of these assets. Alpaca ensures compliance with regulations due to their registered broker-dealer status.
> "Our collaboration with Ondo Finance ensures that their tokenized assets are supported by compliance and trusted brokerage infrastructure." — Yoshi Yokokawa, CEO of Alpaca.
Impact on Liquidity and Ethereum's Future
The initiative is already making significant changes in liquidity for investors, enabling wallets like Trust Wallet to enhance currency access. This project sets a precedent in the tokenized asset sector, providing liquidity comparable to traditional finance. However, participants from the U.S., UK, and EEA are excluded from participation at this time due to regulatory reasons. Thus, this platform has the potential to change the financial landscape by offering real-time liquidity options based on blockchain technology.
The launch of Ondo Global Markets represents a significant step towards bridging traditional and crypto financial markets, opening up new opportunities for international trade and real asset tokenization.
