Popular self-custody wallet MetaMask has added access to tokenized U.S. stocks, exchange-traded funds and commodities through a new integration with Ondo Finance’s Global Markets platform, the companies said Tuesday.
Eligible MetaMask mobile users in “supported non-U.S. jurisdictions” can now purchase and trade more than 200 U.S. tokenized securities, including stock-tracking companies like Tesla, Apple, and Nvidia, as well as ETFs tied to gold, silver, and Nasdaq, directly within the wallet, without opening a traditional brokerage account, according to the announcement.
The launch marks one of the first times that tokenized US stocks and ETFs are available natively through a major self-custody wallet, highlighting how the tokenization of real-world assets could be more closely integrated with traditional financial infrastructure.
The move comes as real-world tokenized assets have grown to become a market worth more than $22 billion globally, according to the companies, as crypto companies seek to blur the lines between traditional finance and on-chain markets.
“Access to US markets is still via legacy rails. Brokerage accounts, fragmented applications, and rigid trading windows have not evolved significantly,” said Joe Lubin, founder and CEO of Consensys and co-founder of Ethereum, in a press release shared with CoinDesk. “Bringing Ondo’s tokenized US stocks and ETFs directly to MetaMask shows what a better model looks like. A single, self-custodial wallet where people can move between crypto and traditional assets without intermediaries and without giving up control.”
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