Ondo Finance launched its tokenized equity platform nicknamed Ondo Global Markets on Wednesday, providing non-American investors with more than 100 American shares and negotiated funds on the stock market (ETF) in mind.
Tokenized actions, announced for the first time in February, were broadcast on Ethereum and are supported by titles held in brokers registered in the United States, said the firm.
The offer includes versions of Apple Crypto token (AAPP)Nvidia (NVDA) and the qqq ETF among others. Investors in Asia-Pacific, Europe, Africa and Latin America can enter and buy stocks 24 hours a day during the negotiation days, with access to the liquidity of underlying exchange. The service is not available for American users.
The tokens are designed to move freely between portfolios, exchanges and decentralized finance (Challenge) Protocols. The company has also teamed up with Bitgo, Ledger, Chainlink and other infrastructure providers to support deployment.
Ondo said he was planning to extend the selection to more than 1,000 assets by the end of this year and bring the service to Solana and the BNB channel (BNB) with layer interoperability.
“We have seen stablecoins exporting the US dollar by putting it in a chain,” said Nathan Allman, founder and CEO of Ondo Finance. “Now Ondo Global Markets does the same for American titles.”
Deployment is the tokenization of active worlds real (Rwas) Takes momentum in the cryptographic markets, with projects providing treasury, private credit bills and now actions on blockchains pursuing wider access and liquidity.
A list of platforms and trade has introduced token actions in recent months, notably by Robinhood, Gemini, Kraken and several other Crypto exchanges. Coinbase and Etoro also shared plans to offer actions in the form of a token. However, certain offers have attracted out -of -potential issues such as the limited rights of shareholders and fragmented regulations.
