On Sept. 3, 2025, Ondo Finance announced the launch of its tokenized equity platform, Ondo Global Markets, providing programmable, on-chain shares for more than 100 U.S. stocks and ETFs. The offering is available exclusively on the Ethereum mainnet and is backed by securities held at U.S.-registered broker-dealers.
The tokens, issued through a partnership with infrastructure provider Superstate, preserve full shareholder rights including dividends and voting, while enabling instantaneous on-chain transfers. This approach contrasts with synthetic token models by ensuring actual equity ownership recorded on the blockchain.
Non-U.S. investors can mint and redeem shares 24/7 during trading days, gaining global access to assets such as Apple, Nvidia and the QQQ ETF. Ondo plans to expand its catalog to over 1,000 equities by year-end and to deploy tokenized shares on additional chains including Solana and BNB Chain via LayerZero interoperability.
Tokenization of traditional securities has gained momentum in recent months, driven by regulatory progress and demand for seamless settlement. Industry participants like Robinhood, Gemini and Kraken have announced or piloted similar offerings, though concerns around regulatory fragmentation and custody rights persist.
Ondo CEO Nathan Allman highlighted stablecoins’ success in exporting the U.S. dollar on-chain as a blueprint for equity tokenization. By combining regulated compliance with blockchain efficiency, Ondo aims to establish a new paradigm for global capital markets, reducing settlement times and operational costs while broadening investor access.
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